North Carolina General Statutes 115D-36. Elections on question of the addition of a college transfer program at an institution and issuance of bonds therefor
Whenever the board of trustees of an institution requests the State Board of Community Colleges to authorize the addition of a college transfer program, the Board shall require, as a prerequisite to such addition:
(1) The authorization by the voters of the administrative area of an annual levy of taxes within a specified maximum annual rate sufficient to provide the required local financial support for the institution after the addition of the college transfer program, in an election held in accordance with the appropriate provisions of N.C. Gen. Stat. § 115D-33 and 115D-35.
Terms Used In North Carolina General Statutes 115D-36
- institution: refers to any institution established pursuant to this Chapter. See North Carolina General Statutes 115D-2
- State Board: refers to the State Board of Community Colleges. See North Carolina General Statutes 115D-2
(2) The approval by the voters of the administrative area of the issuance of bonds for capital outlay necessary for the institution after the addition of the college transfer program, in an election held in accordance with the appropriate provisions of N.C. Gen. Stat. § 115D-33 and 115D-35. (1968, c. 443, s. 23; 1979, c. 462, s. 2; c. 896, s. 13; 1979, 2nd Sess., c. 1130, s. 1; 1987, c. 564, s. 5.)