NORTH CAROLINA GENERAL ASSEMBLY

1979 SESSION

 

 

CHAPTER 235

HOUSE BILL 660

 

 

AN ACT EXEMPTING FROM THE PROVISIONS OF ARTICLE 12, CHAPTER 160A, OF THE GENERAL STATUTES OF NORTH CAROLINA, THE COUNTY OF MACON AS TO LEASES OR SALES OF REAL ESTATE OWNED, OR HEREAFTER OWNED BY IT, AS AN INDUSTRIAL PARK, OR FOR THE PURPOSES OF INDUSTRIAL DEVELOPMENT.

 

The General Assembly of North Carolina enacts:

 

Section 1.  The County of Macon is hereby exempt from all provisions, restrictions and limitations as to methods and procedures required to effectuate leases or sales of real estate provided for in Article 12, Chapter 160A, of the General Statutes of North Carolina, in connection with any lease or sale of real estate made by it, both as to real estate now owned or hereafter owned by it, as an Industrial Park, or for industrial development.

Sec. 2. This act is effective with respect to a sale or lease only if such sale or lease is given prior approval by a unanimous Resolution of the Board of County Commissioners of the County of Macon, authorizing said lease or sale. Such lease or sale may be for cash or with deferred payments secured by a Purchase Money Deed of Trust. It is the intent hereof that leases and sales may be negotiated and consummated without further formality other than the required unanimous Resolution by the Macon County Board of Commissioners, all on terms as negotiated.

Sec. 3. This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 2nd day of April, 1979.