TOWN OF FUQUAY-VARINA DEANNEXATION.

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View NCGA Bill Details2023-2024 Session
House Bill 5 (Local) Filed Wednesday, January 25, 2023
AN ACT TO REMOVE CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF FUQUAY-VARINA.
Intro. by Paré.

Status: Re-ref to Finance. If fav, re-ref to Rules and Operations of the Senate (Senate action) (May 18 2023)
H 5

Bill Summaries:

  • Summary date: Feb 14 2023 - View Summary

    House committee substitute to the 1st edition makes the following changes. Instead of describing the property to be removed from the corporate limits of the Town of Fuquay-Varina as the described tracts of land, identifies those properties being removed from the corporate limits using the properties' Wake County Parcel Identification Numbers. 


  • Summary date: Jan 25 2023 - View Summary

    Removes nine tracts, as described, from the corporate limits of the Town of Fuquay-Varina. Provides a savings clause for the validity of any liens of the City for outstanding ad valorem taxes or special assessments. Effective June 30, 2023. Deems property in the described territory as of January 1, 2023, no longer subject to municipal taxes for taxable years beginning on or after July 1, 2023.