TOWN OF CARY/CONVEY PROPERTY W/RESTRICTIONS.

View NCGA Bill Details2015-2016 Session
House Bill 333 (Local) Filed Tuesday, March 24, 2015
AN ACT TO AMEND THE CHARTER OF THE TOWN OF CARY TO AUTHORIZE THE TOWN TO SELL, EXCHANGE, OR OTHERWISE TRANSFER REAL PROPERTY SUBJECT TO RESTRICTIONS DEEMED TO BE IN THE PUBLIC INTEREST.
Intro. by D. Hall.

Status: Ref To Com On Local Government (House Action) (Mar 25 2015)

Bill History:

H 333

Bill Summaries:

  • Summary date: Mar 24 2015 - More information

    Amends the Charter of the Town of Cary, being SL 2005-117, enacting a new Article XI, Sale, Lease, and Disposition of Property. Authorizes the Town Council to sell, exchange, or otherwise transfer any interest in real property to any purchaser, subject to covenants, conditions, and restrictions as the Town Council deems to be in the public interest. Provides that such conveyances must be made in accordance with applicable provisions of law. Authorizes the Town to invite bids or written proposals for the purchase or transfer of any interest or property. Allows for the transfer to be made contingent on the necessary rezoning of the property. 


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