Amends GS 160A-536 to establish municipal service districts to convert private residential streets, including streets within planned community associations, to public streets under certain conditions, including conveying street-related common elements to the city, accepting conveyance of the streets by the city for perpetual public maintenance, restricting levy of property taxes within the district to not more than 30% of the ad valorem rate in the city, and limiting use of tax proceeds to street improvement-related costs within the service district. Service districts created and taxes levied under this provision must be abolished once all street improvement-related costs have been recovered.