GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

S	1 

SENATE BILL 1182

Short Title:  Lake Roxboro Property Moratorium.	(Local)
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Sponsors: Senator Daniel.
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Referred to:  Local Government and Regional Affairs.
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June 3, 1992

A BILL TO BE ENTITLED
AN ACT TO PLACE A MORATORIUM ON DISPOSITION OF PROPERTY BY THE CITY OF ROXBORO AT THE LAKE ROXBORO PROJECT IN CASWELL COUNTY UNDER A 1989 LOCAL ACT, AND TO TOLL A STATUTE OF LIMITATIONS UNDER THAT ACT.
The General Assembly of North Carolina enacts:
Section 1.  No title to property may be conveyed under Chapter 515, Session Laws of 1989, between the date of ratification of this act and March 1, 1993.  If the deadline under Section 6 of Chapter 515, Session Laws of 1989 for purchasing property under that act falls between June 1, 1992, and March 1, 1993, it is extended until 120 days after February 28, 1993.
Sec. 2.  Section 5 of Chapter 515, Session Laws of 1989, reads as rewritten:
"Sec. 5.  This act shall apply to any excess property to which the original landowners or their successors in title shall have given notice of intent to purchase to the City of Roxboro no later than July 1, 1993.  Such notice of intent to purchase shall include a copy of the survey required by this act.  The appraisal process shall commence immediately after such notice of intent to purchase."
Sec. 3.  Section 7 of Chapter 515, Session Laws of 1989, reads as rewritten:
"Sec. 7.  The City of Roxboro may not dispose of any excess property as defined by this act except as provided by this act, except that the City may dispose of such excess property as provided by law if a notice of intent to purchase and a survey is not provided by July 1, 1993, as provided by Section 5 of this act, or if the purchase is not made:
(1)	within 120 days of the appraisal as provided by Section 6 of this act; or
(2)	by 120 days after February 28, 1993, if the deadline under Section 6 of this act for purchasing property under this act falls between June 1, 1992, and March 1, 1993."
Sec. 4.  This act is effective upon ratification.