A BILL TO BE ENTITLED AN ACT TO TRANSFER THE GATES CORRECTIONAL FACILITY TO THE GATES COUNTY BOARD OF COMMISSIONERS.
Senate committee substitute makes the following changes to the 1st edition.
Amends the short and long titles.
Deletes all of the provisions of the previous edition.
Directs North Carolina to convey to the Gates County Board of Commissioners all its right, title, and interest in the property used for the former Gates County Correctional Facility, for the consideration of $1. Provides that the conveyance is subject to a reversionary interest held by the state and that it will be conveyed to the Gates County Board of Commissioners for as long as it is utilized for county government purposes. Provides that the property is conveyed "as is," "where is," without warranty, and that all costs associated with the conveyance will be borne by Gates County.
Establishes that the conveyance is exempt from the provisions of GS Chapter 146, Article 7 (Dispositions) but must comply with the provisions of GS Chapter 146, Article 16 (Form of Conveyance), provided that the provisions of GS 146-74 (Approval of Conveyances) do not apply.
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