GENERAL ASSEMBLY OF NORTH CAROLINA

1983 SESSION

 

 

CHAPTER 748

HOUSE BILL 1402

 

AN ACT TO ALLOW THE CITY OF WILSON TO SELL INDUSTRIAL PROPERTY.

 

The General Assembly of North Carolina enacts:

 

Section 1.  Notwithstanding the provisions of Article 12 of Chapter 160A of the General Statutes, the City of Wilson is hereby authorized to sell at private sale, and at a price that would not reflect the improvements placed in the property through the use of federal funds, real property developed with Economic Development Administration Grant Funds and purchased with nontax revenue.

Sec. 2.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 14th day of July, 1983.