AN ACT REMOVING CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF CAROLINA SHORES AND AUTHORIZING NEW HANOVER COUNTY TO PARTICIPATE IN THE ACQUISITION, CONSTRUCTION, AND OWNERSHIP, AND OPERATION OF A DOWNTOWN DEVELOPMENT PROJECT SUBJECT TO CERTAIN CONDITIONS.
Removes specific property, described in metes and bounds, from the corporate limits of the town of Carolina Shores.
Effective June 30, 2017. Property in the described territory as of January 1, 2017, is no longer subject to municipal tax for taxable years beginning on or after July 1, 2017.
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