HOUSE BILL 621
AN ACT TO AUTHORIZE THE CITY OF WILMINGTON TO EXERCISE THE SPECIAL POWERS GRANTED THEREIN WHEN THE MUNICIPAL GOVERNING BODY DESIGNATES ITSELF TO EXERCISE THE POWERS, DUTIES AND RESPONSIBILITY OF A REDEVELOPMENT COMMISSION.
The General Assembly of North Carolina enacts:
Section 1. Chapter 1321 of the 1979 Session Laws (2nd Session, 1980) is amended by adding a new section to read:
"Sec. 4.1. In the event the governing body of the City of Wilmington has heretofore abolished or in the future abolishes a redevelopment commission and designates itself to exercise the powers, duties, and responsibilities of such redevelopment commission in accordance with the provisions of G.S. 160A-505(b), the City of Wilmington assumes and may exercise all the powers, duties, and responsibilities otherwise conferred upon the commission by provisions in the general law or this special act. Such powers include, without limitation, the power of eminent domain under G.S. 160A-515 and the extraordinary powers concerning disposition of property contained in this special act."
Sec. 2. This act is effective upon ratification. Sales of property conducted prior to the date of enactment of this special act are hereby validated, and all such sales in the future are declared to be valid for all intents and purposes.
In the General Assembly read three times and ratified, this the 16th day of June, 1981.