GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION LAW 2019-67
HOUSE BILL 6
AN ACT authorizing the Burlington‑alamance airport authority to enter into leases and contracts with terms not to exceed forty years.
The General Assembly of North Carolina enacts:
SECTION 1. Section 4 of S.L. 1969‑814, as amended by S.L. 1971‑263, reads as rewritten:
"Sec. 4. The said Airport Authority shall constitute a body, both corporate and politic, and shall have the following powers and authority:
(11) To lease (without the joinder in the lease
agreements of the owning municipalities, to‑wit, the County of Alamance
and the City of Burlington) for a term not to exceed
twenty-five (25) years,
forty (40) years, and for purposes not inconsistent with the grants
and agreements under which the said airport is held by said owning
municipalities, real or personal property under the supervision of or
administered by the said Authority.
(12) To contract with persons, firms or corporations for
terms not to exceed
twenty-five (25) years, forty (40) years, for
the operation of airline‑scheduled passenger and freight flights, non‑scheduled
flights, and any other airplane activities not inconsistent with said grant
agreements under which the airport property is held by the owning municipal
corporations, and to charge and collect reasonable and adequate fees, charges
and rents for the use of such property or for services rendered in the
(13) To erect and construct buildings, hangars, shops
and other improvements and facilities, not inconsistent with or in violation of
the agreements applicable to and the grants under which the real property of
the airport is held; to lease the same for a term or terms not to exceed
(25) years; forty (40) years; to borrow money for use in making or
paying for such improvements and facilities, secured by and on the credit only
of the lease agreements in respect thereto, to pledge and assign such leases
and lease agreements as security for loans herein authorized."
SECTION 2. This act is effective when it becomes law and applies to contracts entered into, renewed, or modified on or after that date.
In the General Assembly read three times and ratified this the 28th day of June, 2019.
s/ Philip E. Berger
President Pro Tempore of the Senate
s/ Sarah Stevens
Speaker Pro Tempore of the House of Representatives