AN ACT TO REVISE AND CONSOLIDATE THE CHARTER OF THE CITY OF MEBANE AND TO REPEAL PRIOR CHARTER ACTS AND TO AUTHORIZE THE ALAMANCE-BURLINGTON BOARD OF EDUCATION TO DISPOSE OF CERTAIN REAL PROPERTY BY PRIVATE SALE OR EXCHANGE.
Senate committee substitute makes the following changes to the 2nd edition.
Adds a provision allowing the Alamance-Burlington Board of Education (Board) to convey, sell, or transfer its rights, title, and interest in the described property, including Elon Elementary. The agreement to convey the property must be entered into pursuant to a resolution authorizing the execution and performance of the agreement adopted by the Board at a regular Board meeting with 10 days' public notice. Allows the agreement to be entered into through private negotiation and sale, and provides for an exchange for other property, or payment of monetary consideration, or both. Allows the agreement to provide that the Board will exchange the described property for a new school to be constructed by the other party on property acceptable to the Board.
Makes conforming changes to the act's short and long titles.
© 2022 School of Government The University of North Carolina at Chapel Hill
This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.