1965/66/67 session laws – Ch.365 Sec.9
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CHAPTER 365 AN ACT TO AUTHORIZE THE QUALIFIED VOTERS OF THE TOWN OF PITTSBORO TO DETERMINE WHETHER WINE AND BEER MAY BE LEGALLY SOLD AND ALCOHOLIC BEVERAGE CONTROL STORES OPERATED IN THE TOWN OF PITTSBORO. The General Assembly of North Carolina do enact:
The Town of Pittsboro Board of Alcoholic Beverage Control shall, out of the gross revenue derived from the operation of Alcoholic Beverage Control Stores, pay all salaries, costs and operating expenses 390 and retain a sufficient and proper working capital, the amount thereof to be determined by the Town Board of Alcoholic Beverage Control. The remaining revenue, as determined by quarterly audit, shall be distributed quarterly by the Town of Pittsboro Board of Alcoholic Beverage Control as follows: Five per cent -5% to the general fund of the Town of Pittsboro to be used for law enforcement purposes. Sixty per cent -60% to the general fund of the Town of Pittsboro to be expended as provided herein: (a) Ten per cent -10% for debt retirement of the town. During any period when the town has no debts, then this ten per cent -10% may be used for any and all purposes for which tax and nontax revenues may be expended by the town. (b) Ten per cent -10% for library, recreational or other similar purposes carried on by the town. (c) The remaining revenues shall be used for any and all purposes for which tax and nontax revenues may be expended by the town. Thirty per cent -30% to the general fund of Chatham County to be used for education or any other public purpose for which tax and nontax revenues may be expended by the county. Five per cent -5% to the general fund of Chatham County to be used for law enforcement purposes in the county.