GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2025 S 2 SENATE BILL 214 Finance Committee Substitute Adopted 3/18/25 Short Title: Four Oaks/Creedmoor Deannexations. (Local) Sponsors: Referred to: March 3, 2025 *S214 -v-2* A BILL TO BE ENTITLED 1 AN ACT REMOVING CERT AIN DESCRIBED PROPER TY FROM THE CORPORAT E 2 LIMITS OF THE TOWN OF FOUR OAKS AND THE CITY OF CREEDMOOR. 3 The General Assembly of North Carolina enacts: 4 SECTION 1.(a) The following described property is removed from the corporate 5 limits of the Town of Four Oaks: 6 TRACT I: 7 Being all of Area 1, containing 11.609 acres, more or less, as shown on that map entitled 8 "Estate Division by Will Plat for Bill Ray Price Estate" recorded in Map Book 95, Page 204 of 9 the Johnston County Registry. 10 TRACT II: 11 Being all of that certain tract or parcel of land described as "Remaining Combined Area," 12 containing 14.432 acres, more or less, as shown on that map entitled "Minor Subdivision Plat for 13 Pamela Rae Price" recorded in Map Book 96, Page 278 of the Johnston County Registry. 14 SECTION 1.(b) This section has no effect upon the validity of any liens of the Town 15 of Four Oaks for ad valorem taxes or special assessments outstanding before the effective date 16 of this section. Such liens may be collected or foreclosed upon after the effective date of this 17 section as though the property were still within the corporate limits of the Town of Four Oaks. 18 SECTION 1.(c) This section becomes effective June 30, 2025. Property in the 19 territory described in Section 1(a) of this act as of January 1, 2025, is no longer subject to 20 municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2025. 21 SECTION 2.(a) The following described property, identified by Granville County 22 Tax Property Identification Number, is removed from the corporate limits of the City of 23 Creedmoor: 180603417847. 24 SECTION 2.(b) This section has no effect upon the validity of any liens of the City 25 of Creedmoor for ad valorem taxes or special assessments outstanding before the effective date 26 of this section. Such liens may be collected or foreclosed upon after the effective date of this 27 section as though the property were still within the corporate limits of the City of Creedmoor. 28 SECTION 2.(c) This section becomes effective June 30, 2025. Property in the 29 territory described in Section 2(a) of this act as of January 1, 2025, is no longer subject to 30 municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2025. 31 SECTION 3. Except as otherwise provided, this act is effective when it becomes 32 law. 33