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COLEMAN, BERNHOLZ, DICKERSON, <br /> BERNHOLZ, GLEDHILL & HARGRAVE <br /> ATTORNEYS AT LAW <br /> P.O. DRAwER 1529 <br /> 129 E. TRYON ST. <br /> HILts8oR0uGH, N.C. 27278 <br /> 919-732-2196 April 24, 1989 <br /> 919-942-8000 <br /> CHAPEL HILL OFFICE <br /> SUITE 20,FRANKLIN BUILDING <br /> 137 E.FRANKLIN STREET <br /> CHAPEL HILL,N.C.27514 <br /> 919-929-7151 <br /> ALONZO B.COLEMAN,111. Michael B. Brough, Esquire <br /> STEVEN A.BERNHOLZ <br /> DONALD R.DICKERSON Carrboro Town Attorney <br /> ROGER B.BERNHOLZ Michael B. Brough & Associates <br /> GEOFFREY E.GLEDHILL <br /> DOUGLAS HARGRAVE Suite 1307, University Tower • <br /> G.NICHOLAS HERMAN 3101 Petty Road <br /> KIM K.STEFFAN <br /> NATHANIEL E.CLEMENT Durham, North Carolina 27707 <br /> MARILYN E.TOMEI <br /> Of Counsel Ralph D. Karpinos, Esquire <br /> BONNER 1 D.SAWYER Chapel Hill Town Attorney <br /> (1902-972) <br /> 306 North Columbia Street <br /> Chapel Hill, North Carolina 27514 <br /> Re: Impact Tax Legislation <br /> Dear Michael and Ralph: <br /> Enclosed is a. revised draft of Impact Tax <br /> Legislation which incorporates all of the changes <br /> suggested in my April 18, 1989 letter, together with a <br /> new concept of an impact tax, County-wide, the proceeds <br /> of which will be used exclusively for school capital. <br /> The part of the Bill concerned with the district tax <br /> now excludes school capital as a purpose for which the <br /> district tax proceeds can be used. This Bill will be <br /> considered by the Board of County Commissioners on <br /> Monday, April 24, 1989 . <br /> Very truly yours, <br /> 44,14 41p,, , E. Gledhill <br /> GEG/lsg <br /> Enclosure <br />