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NORTH CAROLINA STATUTES AND CODES

§ 142-94. Procurement of capital facilities.

§ 142‑94.  Procurementof capital facilities.

The provisions of Articles 3,3B, 3C, 3D, and 8 of Chapter 143 of the General Statutes and any other laws orrules of the State that relate to the acquisition and construction of Stateproperty apply to the financing of capital facilities through the use ofspecial indebtedness pursuant to this Article. This section does not apply tothe construction and lease‑purchase, including leases with an option topurchase at the end of the lease term for a nominal sum, of State officebuildings pursuant to proposals submitted before the effective date of thisArticle in response to requests for proposals, to the extent any of thoseproposals, as they may be supplemented or amended, are approved by theDepartment of Administration and any of these leases or lease‑purchaseagreements are approved by the Council of State in accordance with G.S. 143‑341(4)d2.With the exception of Article 8 of Chapter 143 of the General Statutes, thissection does not apply to any special indebtedness issued pursuant to thisArticle for the purchase, construction, or operation of capital facilities byGateway University Research Park, Inc., a joint Millennial Campus inGreensboro.  (2003‑284,s. 46.2; 2003‑314, s. 1; 2004‑203, s. 79; 2008‑204, s. 3.)

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