Bill Summary for H 1058 (2017-2018)
Printer-friendly: Click to view
Summary date:
May 31 2018
S.L. 2018-111
Bill Information:
| View NCGA Bill Details | 2017-2018 Session |
AN ACT TO AUTHORIZE THE AIRPORT COMMISSION OF FORSYTH COUNTY TO CONVEY ALL OF THE REAL AND PERSONAL PROPERTY OF THE AIRPORT COMMISSION TO AN ENTITY ESTABLISHED BY FORSYTH COUNTY AND TO DISSOLVE THE AIRPORT COMMISSION.Intro. by Conrad, Hanes, Terry, Lambeth.
| View: All Summaries for Bill | Tracking: |
Bill summary
Authorizes the Forsyth County Board of Commissioners (Board) to establish an entity to replace the Airport Commission of Forsyth County (Commission), established by SL 1949-610, on or before June 30, 2019.
Requires the Commission to release, quitclaim, and convey all real and personal property held, owned, leased, or managed by the Commission to the replacement entity without consideration within 60 days of its establishment. Directs the replacement entity to assume all of the Commission's contracts, liabilities, and obligations upon completion of the property transfer.
Abolishes the Commission and repeals SL 1949-610, as amended, upon completion of the property transfer.