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Charlotte Mayor Patrick D. CannonCharlotte Mayor Patrick D. Cannon Charlotte Mayor Patrick Cannon, 47, is charged with theft and bribery in connection with programs receiving federal funds, wire fraud, and extortion. (Jeff Siner / MCT)
Emily Harris Reuters8:12 p.m. CDT, March 26, 2014

CHARLOTTE, North Carolina (Reuters) – The mayor of North Carolina’s largest city resigned Wednesday after prosecutors said he had been arrested on federal public corruption charges that include accepting more than $48,000 in bribes from undercover FBI agents.

Charlotte Mayor Patrick Cannon, 47, said his resignation was effective immediately in a letter he sent to City Manager Ron Carlee and City Attorney Bob Hagemann.

“These charges will create too much of a distraction for the business of the city to go forward smoothly and without interruption,” he wrote.

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