§ 160A-274. Sale, lease, exchange and joint use of governmental property. - North Carolina Statutes

§ 160A‑274.  Sale, lease, exchange and joint useof governmental property.

(a)        For the purposes of this section, "governmentalunit" means a city, county, school administrative unit, sanitary district,fire district, the State, or any other public district, authority, department,agency, board, commission, or institution.

(b)        Any governmental unit may, upon such terms and conditions asit deems wise, with or without consideration, exchange with, lease to, leasefrom, sell to, or purchase from any other governmental unit any interest inreal or personal property.

(c)        Action under this section shall be taken by the governingbody of the governmental unit. Action hereunder by any State agency, except theDepartment of Transportation, shall be taken only after approval by theDepartment of Administration. Action with regard to State property under thecontrol of the Department of Transportation shall be taken by the Department ofTransportation or its duly authorized delegate. Provided, any county board ofeducation or board of education for any city administrative unit may, upon suchterms and conditions as it deems wise, lease to another governmental unit forone dollar ($1.00) per year any real property owned or held by the board whichhas been determined by the board to be unnecessary or undesirable for publicschool purposes. (1969, c. 806; 1971, c.698, s. 1; 1973, c. 507, s. 5; 1975, c. 455; c. 664, s. 9; c. 879, s. 46; 1977,c. 464, s. 34; 2001‑328, s. 6.)