1935_public laws_457_3
CHAPTER 456 AN ACT TO DECLARE THE NECESSITY OF CREATING PUBLIC BODIES CORPORATE AND POLITIC TO BE KNOWN AS HOUSING AUTHORITIES TO ENGAGE IN SLUM CLEARANCE AND/OR PROJECTS TO PROVIDE DWELLING ACCOMMODATIONS FOR PERSONS OF LOW INCOME; TO PROVIDE FOR THE CREATION OF SUCH HOUSING AUTHORITIES; TO DEFINE THE POWERS AND DUTIES OF HOUSING AUTHORITIES AND TO PROVIDE FOR THE EXERCISE OF SUCH POWERS, INCLUDING ACQUIRING PROPERTY BY PURCHASE, GIFT OR EMINENT DOMAIN, AND IN- CLUDING BORROWING MONEY, ISSUING REVENUE AND CREDIT BONDS AND OTHER OBLIGATIONS, AND GIVING SECURITY THEREFOR; TO CONFER REMEDIES ON OBLIGEES OF HOUSING AUTHORI- TIES; TO PROVIDE THAT THE BONDS OF THE AU- THORITY SHALL BE LEGAL INVESTMENTS; TO PROVIDE THAT HOUSING AUTHORITIES, AND CER- TAIN PROPERTY AND SECURITIES THEREOF, SHALL BE TAX EXEMPT AND TO DECLARE THAT THIS ACT TAKE EFFECT FROM THE DATE OF ITS RATIFICATION. The General Assembly of North Carolina do enact:
Finding and Declaration of Necessity. It is hereby declared that insanitary or unsafe dwelling accommodations ,exist in various cities and towns of the State having a population of more than fifteen thousand inhabitants and that such unsafe or insanitary conditions arise from overcrowding and concentration of population, the obsolete and poor condition of the buildings, improper planning, excessive land coverage, lack of proper light, air and space, insanitary design and arrangement, lack of proper sanitary facilities, and the existence of conditions which endanger life or property by fire and other causes; that in all such cities and towns many persons of low income are forced to reside in insanitary or unsafe dwelling accommodations; that in various cities and towns of the State having a population of more than fifteen thousand inhabitants there is a lack of safe or sanitary dwelling accommodations available to all the inhabitants thereof and that consequently many persons of low income are forced to occupy overcrowded and congested dwelling accommodations; that these conditions cause an increase in and spread of disease and crime and constitute a menace to the health, safety, morals and welfare of the citizens of the State and impair economic values; that the aforesaid conditions also exist in certain areas surrounding such cities and towns; that these conditions cannot be remedied by the ordinary operations of private enterprises; that the clearance, replanning and reconstruction of the areas in which insanitary or unsafe housing conditions exist and the providing of safe and sanitary dwelling accommodations for persons of low income are public uses and purposes for which public money may be spent and private property acquired; that it is in the public interest that work on such projects be instituted as soon as possible in order to relieve unemployment which now constitutes an emergency; and the necessity in the public interest for the provision hereinafter enacted is hereby declared as a matter of legislative determination.