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. _ <br /> GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 1989 <br /> . <br /> . . . . <br /> 15 <br /> . : <br /> 1 the right of appeal to the North Carolina Utilities ComMission as <br /> 2 provided by law. <br /> 3 (b) The North Carolina Utilities Commission shall not have <br /> 4 jurisdiction over rates , fees, charees, routes, and schedules of <br /> 5 an Authority for service within its territorial jurisdiction_ <br /> 6 "s 160A-612. Fiscal accountability.. <br /> , . 7 An Authorit is a Public authorit sub 'ect to the Provisions of <br /> 8 Chapter 159 of the General Statutes. <br /> 9 "S 160A-613. Funds. <br /> 10 (a) The establishment and operation of an Authority are <br /> 11 governmental functions and constitute a public ourooser and the <br /> 12 State of North Carolina and any unit of local government may <br /> 13 appropriate funds to support the establishment and operation of <br /> 14 the Authority....__The State of North Carolina and any unit of local <br /> 15 government may also dedicate, sell, convey, donate or lease any <br /> 16 of their interests in any property to the Authority. <br /> 17 (b) The Authority may levy: <br /> 18 (1 ) A motor fuel tax of not to exceed one cent ( 1t ) per <br /> 19 gallon in accordance with G.S. 7?"2-777; <br /> 20 (2) An annual vehicle registration tax not to exceed <br /> 21 five dollars ($5.00 ) per vehicle in accordance with <br /> . . <br /> 22 G.S. ???-???? ; and <br /> 23 ( 3) A tax on the transfer of title to a motor vehicle , <br /> 24 not to exceed one-half of one percent ( 1/2%) of its . <br /> 25 value in accordance with G.S. ???-7777 <br /> 26 "5 160A-614.. Effect on existin- franchises and operations. <br /> . c <br /> 27 Creation of the Authority shall not have an effect on any r <br /> a <br /> C <br /> 28 existing franchises granted by any unit of local government; such 7 <br /> V <br /> c <br /> 29 existing franchises shall continue in full force and effect until <br /> c <br /> 30 legally 'terminated; further, all ordinances and resolutions of .. <br /> 31 the unit of local government reoulatinq local .ublic <br /> 32 transportation s stems, bus operations, and taxicabs shall <br /> 33 continue in full force and effect now and in the future , unless <br /> 34 superseded by reoulations of the Authority; such supersedinc , <br /> 35 an ., may occur only on the basis of. prior mutual agreement <br /> Page 12 89-LBX-006C(2.17) <br /> _ . <br />