SUBDIVISION IMPROVEMENT GUARANTEE CHANGES.

View NCGA Bill Details2017-2018 Session
House Bill 376 (Public) Filed Wednesday, March 15, 2017
AN ACT TO MAKE CHANGES TO THE GENERAL STATUTES RELATING TO SUBDIVISION IMPROVEMENT GUARANTEES.
Intro. by McGrady.

Status: Ref To Com On Rules and Operations of the Senate (Senate Action) (Apr 20 2017)
H 376

Bill Summaries:

  • Summary date: Apr 19 2017 - More information

    House committee substitute makes the following changes to the 1st edition. 

    Amends GS 153A-331(d) to authorize a county to contract with another entity for the development of roads if a subdivision is not located in whole or in part within a municipality. Deletes proposed subsection (h), which authorized counties to administer funds they receive as collateral for a performance guarantee in furtherance of the required improvements.

    Amends GS 160A-372(g), pertaining to performance guarantees relating to subdivision control ordinances by cities, to permit a performance guarantee to be administered in accordance with the standards adopted by the governing body to whom the performance guarantee is payable when the performance guarantee is insufficient to complete the required improvements or the subdivision for which the performance guarantee is obtained is not completed. Makes conforming change. Deletes proposed subsection (h), which authorized cities to administer funds they receive as collateral for a performance guarantee in furtherance of the required improvements.

    Makes technical changes.


  • Summary date: Mar 15 2017 - More information

    Amends GS 153A­331 and GS 160A­372 (regarding subdivision control ordinances for counties and cities, respectively) to authorize counties and cities to administer funds they receive as collateral for a performance guarantee in furtherance of the required improvements. Authorizes a county to contract with another entity to complete required improvements if a subdivision is not located within a municipality.


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