NORTH CAROLINA GENERAL ASSEMBLY
SENATE BILL 505
AN ACT AUTHORIZING THE TOWN OF MURFREESBORO TO CONVEY TO THE TRUSTEES OF MURFREESBORO CIVIC COUNCIL OR MURFREESBORO CIVIC COUNCIL, INC. CERTAIN REAL PROPERTY AT PRIVATE SALE.
The General Assembly of North Carolina do enact.
Section 1. That notwithstanding the provisions of G. S. 160‑59, the governing body of the Town of Murfreesboro be and it is hereby authorized, in its discretion, to sell and convey to the Trustees of the Murfreesboro Civic Council or the Murfreesboro Civic Council, Inc. for the consideration of three thousand dollars ($3,000.00) cash, at private sale all that certain tract or parcel of land owned by said Town of Murfreesboro situate on the North side of Broad Street East of Sycamore Street Extended, and purchased by said town from J. M. Anderson.
Sec. 2. In the deed conveying the lands described in the first Section of this Act by the Town of Murfreesboro to the Trustees of the Murfreesboro Civic Council or the Murfreesboro Civic Council, Inc. the following conditions shall be inserted:
(1) If, at any time after the purchase of said property, the Trustees of the Murfreesboro Civic Council or the Murfreesboro Civic Council, Inc. shall decide to sell the same, the property shall first be offered back to the Town of Murfreesboro at the sales price of three thousand dollars ($3,000.00), before being offered to any other purchaser.
(2) If within two years after the execution and delivery of the deed conveying title to the said property the construction of a teenage club has not been substantially begun, with walls erected on said property, the title to said lands shall revert to the Town of Murfreesboro upon payment by said town of the sales price of three thousand dollars ($3,000.00).
Sec. 3. The authorization to convey the property described in this Act to the Trustees of the Murfreesboro Civic Council or the Murfreesboro Civic Council, Inc. shall expire by limitation on September 1, 1959, and if said purchase and sale is not completed by said date, the Town of Murfreesboro shall have no authority to convey said property except upon compliance with the provisions of G. S. 160‑59.
Sec. 4. All laws and clauses of laws in conflict with this Act are hereby repealed.
Sec. 5. This Act shall be in full force and effect from and after its ratification.
In the General Assembly read three times and ratified, this the 19th day of June, 1959.