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)1 (o ' <br />§I53A-377 1996 CUMUUTIVE SUPPLEMENT §153A-405 <br />receipt, dispensing, and pledgl' of CDBG funds under this subsec- <br />tion by borrowing CDBG funds and leading all or a portion of those <br />funds to a third party is accordance with applicable laws governing <br />the CDBG program. <br />Any county that has pledged current or future CDBG fends for <br />use as loan guarantees prior to the enactment of Chia subsection is <br />authorized to have taken such action. A pledge of future CDBG <br />funds under thin subsection is not a debt or liability of the State or <br />any political subdivision of the Stata or a fledge of the faith and <br />credit of the State or asy political subdivision of the State. The <br />pleltin,g of future CDBG funds under this subsection does not <br />y, Indirectly, or contingently obligate the State or any litical <br />subdivision of the State to levy or 9pledge any fazes. (19?5, e. 435, <br />s. 2; c. 689, s. 2; 1987 (Reg Sena., 888 , c. 992, s. 1; 1995, c. 310, s. <br />2;1995 (Reg Sess.,1996), 575, s. 2;1996, tad F.z Sess., c. 13, s. 3.8.) <br />Editos"s Kota - Seadon Laws 1996. <br />~ 310, s. ?. e8'ietiw Jn~ L 1996, en- <br />aetad a aabsaetion (e). M a sobasetion (e) <br />alrsadlr esistad, that aubsael3an wan ra- <br />deai6oatad as subsection W at the dirs~ <br />lion oI the Reiser o[ 8tatntes. <br />Seedon Laws 1998, Seooad E:tra Saa- <br />aion, ~ 13. s. 1, pro+ides that min ad <br />abaft be )mown as the William S. LM <br />Quality Jobs and Bvdaess Fspaadon <br />Act <br />Session Laws 1998: Second Fsa:3oF <br />sioa, ~ 13. s. 10.1, pra~idec "Phis net <br />dea aot aNiet the ri8hti ar Babt7it3es d <br />the State. a taspa~ ae another parson <br />arisieK wader a statute amsaded ar re- <br />peald by this ad be6ose ib ameodmeat <br />or repeal: nor does it aitict the risht to <br />ear ratt:a~d oe credit of a taz that wvnld <br />omerwise haw bean awilable Hadar me <br />amended oe repealed statute before its <br />aau~ndmeat ae repeaL' <br />F~!'liet of Amimdmoats. - Ths 1996 <br />ameadmsnt. eQiesiw Jnl~ 1, 1996. <br />added a sabasetion (ef. reded~aatad as <br />subseedon(v. <br />Sasian Lava 1996. Seeaed Fatra Ses- <br />don. ~ 13, a. 3.a. eQeeeii~e Aniust 1, <br />1986. is sabseetion W, :obstitnted "eoo- <br />nomid>, disttaaad ~, a. dewed <br />is G.S. I43B-{3TA' 6or "as~si~ dis- <br />tressed eeoatiaa', as ded~astad aadsr <br />G.3.106-130.40(c)' is the S2st smtenee, <br />and in the last smteace anbstitntad <br />'G.S. 1~3B-43TA air Gam. 106-129.3' toe <br />'G.S. 106-130.40(er sad snbstitated <br />•eoo~omially' 6or'aewnlf. <br />Ssnien Lsws 1986 (ReF Sea.. 1998). <br />e. 573, a. 2. eeiesre October 1, 1998, <br />added the last sentence of the 5rst pest <br />etaph at sobeeetlea (~- <br />153A,377. Acquisition and disposition of prop- <br />erty for redevelopment. <br />CA3S NdTE9 <br />Cited is viileaa~Matasials Co. • <br />Iseddl Coant7s 101 N.C. App. ?79, 407 <br />"S.L.2d 28.4 (19911. <br />ART1cLE 20. <br />T <br />Consolidation and Governmental Study Commissions. <br />§ 153A-405. Referendum; <br />tion. <br />General Assembly ac- <br />(a) If authorized to do so by the concurrent resolutions that <br />established it, a commission maq call a referendum on its proposed <br />plan of governmental consolidation. l'f authorized or directed 1a the <br />126 <br />