NORTH CAROLINA GENERAL ASSEMBLY
HOUSE BILL 171
AN ACT TO APPROPRIATE FUNDS TO THE DEPARTMENT OF ADMINISTRATION FOR A RESERVE TO HOLD THE METHODIST HOME PROPERTY.
The General Assembly of North Carolina enacts:
Section 1. There is appropriated from the General Fund to the Department of Administration for fiscal year 1981‑82 the sum of two hundred fifty thousand dollars ($250,000) to set up a reserve fund to hold the Methodist Home property in Raleigh until it can be determined whether the property can be acquired by the State. No portion of these funds may be irrevocably committed unless and until the General Assembly appropriates funds sufficient to purchase the property in question.
Sec. 2. This act is effective upon ratification.
In the General Assembly read three times and ratified, this the 9th day of October, 1981.