AN ACT TO ALLOW THE TOWN OF LAKE LURE TO LEASE CERTAIN PROPERTIES FOR A TERM OF MORE THAN TEN YEARS WITHOUT TREATING IT AS A SALE. SL 2023-101. Enacted July 13, 2023. Effective July 13, 2023.
Bill Summaries: H397 TOWN OF LAKE LURE/PROPERTY LEASE.
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Bill H 397 (2023-2024)Summary date: Jul 13 2023 - View Summary
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Bill H 397 (2023-2024)Summary date: Jun 27 2023 - View Summary
Senate committee substitute to the 2nd edition makes the following changes. Allows Lake Lure to lease the Community Garden Elevated Walking Path, commonly referred to as the Lake Lure Flowering Bridge (was, property known as the Lake Lure Bridge #7).
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Bill H 397 (2023-2024)Summary date: Apr 25 2023 - View Summary
House committee substitute to the 1st edition makes the following changes. Allows Lake Lure to also lease the property identified by Rutherford County Parcel Identification Number # 0632-69-5544 (in addition to the Lake Lure Bridge #7) for a term of more than 10 years without treating the lease as a sale (was, without following any procedures other than those under GS 160A-272 for leases of 10 years or less). Makes conforming changes to the act’s long title.
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Bill H 397 (2023-2024)Summary date: Mar 15 2023 - View Summary
Allows Lake Lure to lease the specified property for a term of more than 10 years without following any procedures other than those under GS 160A-272 (concerning limitations on the lease or rental of any property owned by a city) for leases of 10 years or less.