NC H1136

Amends the Charter of the Town of Morrisville to authorize the town to impose and collect a road project fee on all new construction within town limits and extraterritorial jurisdiction.

Establishes the town's legal authority to implement a regulatory or development fee system to finance road improvements caused by rapid growth in the Morrisville area.

Grants the town the power to develop and implement a fee system but does not specify the actual fee structure, rates, or classifications.

Requires an extensive study to be performed to establish the basis and framework for the fee system before implementation.

Takes effect upon becoming law.