GENERAL ASSEMBLY OF NORTH CAROLINA
1983 SESSION
CHAPTER 207
AN ACT TO AUTHORIZE LENOIR COUNTY TO PERMIT DISPOSITION OF LAND FOR A SPECIAL PURPOSE AT FAIR MARKET VALUE WITHOUT COMPETITIVE BIDDING: TO PERMIT DISPOSITION OF LAND ON THE BASIS OTHER THAN THE HIGHEST MONETARY BID, WHERE SUCH DISPOSITION IS FOUND TO SERVE THE BEST INTEREST OF THE MUNICIPALITY, AND TO DISPOSE OF PROPERTY AT PRIVATE SALE.
The General Assembly of North Carolina enacts:
Section 1. Section 5 of Chapter 1321, Session Laws of 1979, as amended by Section 2 of Chapter 868, Session Laws of 1981, is further amended by adding immediately after the word "Wilmington" the words ", Lenoir County,".
Sec. 2. G.S. 160A-514(e) is amended by adding the following new subdivision:
"(7) Convey at private sale without advertisement and bids to any person or firms displaced by redevelopment projects particular properties within a redevelopment area where it makes one or more of the following findings:
a. that the proposed use or redevelopment is necessary in order to facilitate the relocation of persons or firms displaced by a redevelopment project or other governmental action;
b. that the proposed use or redevelopment is reasonably necessary in order to assure development which will have the desired beneficial effect upon neighboring property, the project area and the community as a whole, as contemplated by the redevelopment plan.
Such conveyance shall be for such consideration as may be agreed upon by the Commission and the displaced person or firm and approved by the governing body of the municipality."
Sec. 3. Section 2 of this act applies to Lenoir County and the City of Kinston only.
Sec. 4. This act is effective upon ratification.
In the General Assembly read three times and ratified, this the 21st day of April, 1983.