On August 27, 2008, the City of Southport, North Carolina entered into an agreement with Progress Energy, a major North Carolina corporation that supplies electric power throughout much of the state. In the agreement, Southport has essentially bribed Progress Energy into agreeing to dividing out (parceling) a small 7 acre tract of land that would then be vulnerable to involuntary annexation. In exchange, Southport is agreeing, and is seeking ratification of the agreement in the state legislature, to NOT annex any other property of Progress Energy in Brunswick County for SIXTY-FIVE years. This is paramount to a property tax exemption for 65 years!
This agreement is not necessary as the state has within its powers to annex the same tract of land without making concessions, or bribing, Progress Energy.
1. Agreement between
Progress Energy (CP&L) and Southport
To circumvent the annexation standards spelled out in
statute, Southport is agreeing to pay for the subdivision of Progress Energy
land, annexing the smaller portion, then, after the annexation is complete,
paying to recombine the lots to their original plat...only a little trickery on
the part of Southport.
2. Three citizens effected by the agreement (1 Mb)
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2008 Forced Annexation report indicating this is a FORCED annexation procedure
Bill submitted by Senator Soles that facilitates this annexation
Supplemental documents to report (5 Mb)
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