AN ACT TO REMOVE CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE CITY OF GREENSBORO, TO INCREASE THE COMPENSATION OF THE CHAIR AND THE MEMBERS OF THE WELDON CITY BOARD OF EDUCATION, AND TO ALLOW THE WELDON CITY BOARD OF EDUCATION TO INCREASE THE MONTHLY COMPENSATION OF ITS MEMBERS AND ESTABLISH AN EXPENSE ALLOWANCE FOR ITS MEMBERS.
Removes the described property from the corporate limits of the City of Greensboro. Provides a savings clause for the validity of any liens of the City for outstanding ad valorem taxes or special assessments. Effective June 30, 2022. Deems property in the described territory as of January 1, 2022, no longer subject to municipal taxes for taxable years beginning on or after July 1, 2022.