Eden may make a five-year payment agreement with Duke Energy, while Mills River ordinances adopted during a stated period are void and Guilford County has rules for tax votes.
Eden may agree with Duke Energy to protect the covered plant property from involuntary annexation and accept $1 million in five annual payments.
Mills River ordinances adopted during the stated period have no legal effect if they are unified development ordinances.
Guilford County may ask voters about a quarter-cent sales and use tax. Commissioners may levy it only if a majority of voters approve.
Eden may make an agreement with Duke Energy to keep the covered property from involuntary annexation. The agreement covers the Dan River Plant Property described in the law. Eden may accept $1 million in payments in lieu of taxes, paid by Duke Energy in five yearly installments of $200,000. The parties may change or extend the agreement by mutual written consent if the change does not materially alter its basic concept. The protection covers July 1, 2025, through June 30, 2030. The parties may extend the agreement.
Unified development ordinances adopted by Mills River during the stated period are void. The rule covers unified development ordinances adopted by the Town of Mills River. The rule applies to ordinances adopted between June 30, 2025, and July 1, 2026.
Guilford County commissioners may hold an advisory vote on a quarter-cent local sales and use tax; they may levy it only after voters approve it. These provisions apply only to Guilford County. A majority of those voting must approve the tax before commissioners may levy it by resolution, after 10 days’ public notice. The tax does not apply to exempt food sales or certain bundled transactions. These rules apply to referenda held on or after this part takes effect.
No hearings or votes scheduled.