LAKE LURE CONVEY PROPERTY.

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View NCGA Bill Details2011-2012 Session
House Bill 1199 (Local) Filed Wednesday, May 30, 2012
AUTHORIZING THE TOWN OF LAKE LURE TO CONVEY CERTAIN DESCRIBED PROPERTY BY GIFT, PRIVATE SALE, OR LONG-TERM LEASE.
Intro. by Hager.

Status: Ch. SL 2012-115 (House Action) (Jun 28 2012)

SOG comments (1):

Reverter Clause

Bill authorizes town, at its discretion, to include reversionary clause as part of the conveyance in the event the property ceases to be used as a public school.

Bill History:

H 1199/S.L. 2012-115

Bill Summaries:

  • Summary date: Jul 2 2012 - View Summary

    AN ACT AUTHORIZING THE TOWN OF LAKE LURE TO CONVEY CERTAIN DESCRIBED PROPERTY BY GIFT, PRIVATE SALE, OR LONG-TERM LEASE. Summarized in Daily Bulletin 5/30/12 and 6/12/12. Enacted June 28, 2012. Effective June 28, 2012.


  • Summary date: Jun 12 2012 - View Summary

    House committee substitute makes the following changes to 1st edition. Changes the entities to which the town of Lake Lure may convey the described property to include Classical Academies CFA, Inc. (was, Lake Lure Classical Academy).


  • Summary date: May 30 2012 - View Summary

    As title indicates. Authorizes Lake Lure to convey the described property to The Challenge Foundation Properties of NC LLC or Lake Lure Classical Academy for a public school.