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NC League of Municipalities company history timeline

1908

Founded in 1908 at a meeting in Charlotte.

1917

The Municipal Corporation Act of 1917 and the Municipal Finance Act of 1917, which gave cities and towns more local control and the authority to issue bonds.

1922

Renamed North Carolina Municipal Association in 1922 when new constitution adopted

1934

Adopted new constitution in 1934 and became N.C. League of Municipalities.

1935

First Mayors' Day in 1935 - this legislative briefing and rally still held, but now called Town Hall Day.

In 1935, League obtained for cities and towns $500,000, the first direct state aid from state gasoline tax revenues for streets inside municipalities.

Legislative bill reporting service to membership began in 1935.

1936

The first directory of municipal officials was published in 1936.

1937

League began talking about home rule for cities and towns with discussion of a constitutional amendment in 1937.

In 1937, state took one-half of the intangibles tax revenues away from cities and towns, had wanted to take all of it.

1938

The first record on file with the North Carolina League of Municipalities relating to a meeting of city managers is a copy of a mimeographed letter dated March 8, 1938.

The record of this meeting is unclear but a group of managers did meet in conjunction with the League of Municipalities Convention at the Grove Park Inn in Asheville during the "first part of August 1938" and adopted the Association's first constitution.

1950

League began sponsorship of a group insurance plan for cities and towns in 1950.

In the late 1950's, principally at the urging of General James R. Townsend, City Manager of Greensboro, the Association considered and subsequently established a City Manager's Annual Seminar at the Institute of Government in Chapel Hill.

1951

In late forties, the organization continued efforts to increase state support for municipal streets and, in 1951, won perhaps its most famous legislative battle - enactment of the Powell Bill.

Since 1951, League secured several raises in Powell Bill funding.

1963

P. M. Burdette, City Manager of Asheville (not to be confused with H. L. Burdette, Monroe), was elected President at that time and Association officers through the year 1963 were as follows:

1964

On April 13, 1964, a memorandum was forwarded to all city and county managers in North Carolina by the committee which enclosed a recommended constitution for the managers' consideration.

On June 15, 1964, the first Association mailing was forwarded to the membership which included a copy of the constitution as adopted at the organizational meeting on May 3; a statement for the five dollar membership dues and an application form for associate membership.

1965

Following this May 1965 conference in Southern Pines, the responsibility for the maintenance of Association records was transferred to the Association officers.

1979

In cooperation with N.C. Association of County Commissioners, built the Albert Coates Local Government Center in 1979, debt-free.

1980

Then Scotland Neck Mayor Ferd Harrison was elected second vice president of the National League of Cities in 1980, the first officer ever from a town under 25,000 in population.

1981

Established self-funded pool for workers' compensation (NCIRMA) in 1981.

1983

Established self-funded pool for health and employee benefits (MIT of NC) in 1983.

1986

Established self-funded pool for property and liability coverages (IRFFNC) in 1986.

Built the S. Leigh Wilson Building in 1986, debt-free.

1989

League was a leader in 1989 successful effort to greatly increase transportation funding.

1998

League spearheaded efforts to get numerous clean water bond issues passed, most recently in 1998.

2007

Nonetheless, these regulations, governance rules and risk management methods failed to prevent the financial crisis that began in 2007.

2009

30 November, 2009 in Bank Regulation, Banking Theory, Banks, Book Reviews, Business, Credit Risk

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1908
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