INFRASTRUCTURE REIMBURSEMENT AGMTS.

View NCGA Bill Details2013-2014 Session
Senate Bill 848 (Local) Filed Tuesday, May 27, 2014
AN ACT CONCERNING PUBLIC-PRIVATE REIMBURSEMENT AGREEMENTS FOR INFRASTRUCTURE DEVELOPMENT BY THE TOWN OF MINT HILL, BY THE CITY OF CONCORD, AND BY THE CITY OF KANNAPOLIS.
Intro. by Hartsell, Tarte.

Status: Ch. SL 2014-31 (Senate Action) (Jun 26 2014)

Bill History:

S 848/S.L. 2014-31

Bill Summaries:

  • Summary date: Jun 26 2014 - More information

    AN ACT CONCERNING PUBLIC-PRIVATE REIMBURSEMENT AGREEMENTS FOR INFRASTRUCTURE DEVELOPMENT BY THE TOWN OF MINT HILL, BY THE CITY OF CONCORD, AND BY THE CITY OF KANNAPOLIS. Enacted June 26, 2014. Effective June 25, 2014.

     

  • Summary date: Jun 10 2014 - More information

    The Senate committee substitute to the 1st edition sets the bill to expire on June 30, 2021.


  • Summary date: May 27 2014 - More information

    Provides that a municipality can enter into reimbursement agreements with private developers and property owners for the design and construction of municipal infrastructure that has been included on the Capital Improvement Plan or similar infrastructure development plan. Sets out what can be considered as municipal infrastructure, including water mains, lift stations, and streets.

    Requires municipalities to enact ordinances that set out the procedures and terms under which such agreements can be approved. Provides that payment for such reimbursements can come from any lawful source.

    Provides that no agreements pursuant to this act can be considered construction subject to GS Chapter 143, Article 8. Sets out other limitations of the agreements as well as who must comply with requirements relating to public advertising and bid opening requirements.

    Applies only to the Town of Mint Hill and the cities of Concord and Kannapolis.


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