(A) The inhabitants of the Town of Mocksville, North Carolina, within the boundaries as established in § 1.3 of this charter or as hereafter established in the manner provided by law, shall continue to be a body politic and corporate by name the Town of Mocksville, and under that name shall have perpetual succession; may use a corporate seal; may sue and be sued; may acquire property within or without its boundaries for any municipal purpose, in fee simple or lesser interest or estate, by purchase, gift, devise, lease or condemnation and may sell, lease, hold, manage and control such property as its interests may require; and, except as prohibited by the constitution of North Carolina or restricted by its charter, the Town of Mocksville shall have and may exercise all municipal powers, functions, rights, privileges and immunities of every name and nature whatsoever. The following shall be deemed to be a part of the powers conferred upon the Town of Mocksville by this article:
(1) To levy, assess and collect taxes and to borrow money within the limits prescribed by general law; and to levy and collect special assessments for benefits conferred.
(2) To furnish all local public services; to purchase, hire, construct, own, maintain and operate or lease local public utilities; to acquire, by condemnation or otherwise, within or without the corporate limits, property necessary for any such purposes, subject to restrictions imposed by general law for the protection of other communities; and to grant local public utility franchises and regulate the exercise thereof.
(3) To make local public improvements and to acquire, by condemnation, or otherwise, property within or without its corporate limits necessary for such improvements; and also to acquire an excess over that needed for such improvement, and to sell or lease such excess property with restrictions, in order to protect and preserve the improvement.
(4) To issue and sell bonds on the security of any such excess property, or of any public utility owned by the town, or of the revenues thereof, or of both, including the case of a public utility, if deemed desirable by the town, a franchise stating the terms upon which, in case of foreclosure, the purchaser may operate such utility.
(5) To organize and administer public libraries.
(6) To adopt and enforce within its limits local police, sanitary and other similar regulations not in conflict with general laws.
(B) Except as otherwise provided in this act the board of commissioners shall have authority to determine by whom and in what manner the powers granted by this article shall be exercised.
(Charter 1989, Sec. 1.)