Orange County NC Website
24 <br />(3) Taxes authorized by this Part may be collected pursuant <br />to G.S. 153A -147 or G.S. 160A- -207. In addition. tavd*= <br />authorized by.this Part may be recovered in a civil ac- <br />tion in the nature of debt including an award of <br />reasonable attorney fees as part of costs. <br />Section 7. The governing body of the District, after con- <br />sultation with Orange County, the Town of Carrboro and the Town of <br />Chapel Hill, shall establish annually at the time of the adoption <br />of the annual budget of Orange County the tax rate to be levied <br />per square foot of dwelling space and per square foot of commercial <br />building enclosed floor space for, the ensuing fiscal year. <br />Different tax rates may be established for different types of <br />commercial construction. <br />Section 8. As soon as reasonably practicable after the close <br />of each quarter of the fiscal year, the District shall distribute <br />to Chapel Hill and Carrboro the net-proceeds of the tax received <br />by the District based upon development that has taken place within <br />each respective municipality's corporate limits, extra - territorial <br />planning jurisdiction and transition area(s), as established in <br />Joint planning agreements. The remainder of the net proceeds, plus <br />the -cost incurred by Orange County in collecting and administering <br />the tax, shall be remitted to Orange County. As used in this Part, <br />the term "net proceeds" means the gross proceeds of the tax less <br />the cost to the county of collection and administering the tax. <br />Section 9. The boundaries of the District may be expanded to <br />include portions of Orange County within the corporate limits of <br />8 <br />