North Carolina § 160A-223 - Preliminary resolution; contents.

§ 160A-223. Preliminary resolution; contents.

Whenever the council decides to finance a proposed project by special assessments, it shall first adopt a preliminary resolution that shall contain the following: A statement of intent to undertake the project; A general description of the nature and location of the project; A statement as to the proposed basis for making assessments, which shall include a general description of the boundaries of the area benefited if the basis of assessment is either area or value added; A statement as to the percentage of the cost of the work that is to be assessed; A statement as to which, if any, assessments shall be held in abeyance and for how long; A statement as to the proposed terms of payment of the assessment; and An order setting a time and place for a public hearing on all matters covered by the preliminary resolution which shall be not earlier than three weeks nor later than 10 weeks from the date of the adoption of the preliminary resolution. History (1971, c. 698, s. 1.)