Bill Summary for H 397 (2023-2024)

Printer-friendly: Click to view

Summary date: 

Mar 15 2023
S.L. 2023-101

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 397 (Local) Filed Wednesday, March 15, 2023
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.
Intro. by Johnson.

View: All Summaries for BillTracking:

Bill 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.