A BILL TO BE ENTITLED
AN ACT to allow THE CITY OF CLINTON AND SAMPSON COUNTY TO lease property AT THE CLINTON‑SAMPSON COUNTY AIRPORT for a longer period without competitive bid.
The General Assembly of North Carolina enacts:
SECTION 1.  Notwithstanding Article 12 of Chapter 160A of the General Statutes, the City of Clinton and Sampson County may lease or rent property at the Clinton‑Sampson County Airport for up to 30 years without it being treated as a sale of property and shall not be required to follow the procedures authorized for the sale of real property. The property may be leased or rented only if the property will not be needed by the airport for the term of the lease. In determining the term of a proposed lease and whether that lease should be treated as the sale of property, renewal or extension periods, whether automatic or optional, shall be added to the initial term of the lease.
SECTION 2.  This act is effective when it becomes law.