GENERAL ASSEMBLY OF NORTH CAROLINA
1993 SESSION

CHAPTER 646
HOUSE BILL 2022

AN ACT TO ENABLE THE CITY OF GASTONIA TO DISSOLVE THE GASTONIA AIRPORT AUTHORITY.

The General Assembly of North Carolina enacts:

Section 1.  Termination.  The City of Gastonia may terminate and dissolve the Gastonia Airport Authority (hereinafter referred to as the "GAA").  It is the intent of this legislation to enable but not require the termination of the GAA.
Sec. 2.  Transfer of Real and Personal Property.  As part of the authority granted by this act, the City Council of the City of Gastonia may order the GAA to transfer to the City of Gastonia all real and personal property owned by the GAA.  Upon the City Council's order to do so, the GAA shall execute any deeds, bills of sale, and any other necessary documents to effect such transfer of ownership to the City of Gastonia.
Notwithstanding the foregoing, ownership of all real and personal property shall automatically revert to the City of Gastonia upon the effective date of termination of the GAA.
Sec. 3.  Assignment of Executory Contracts.  As part of the authority granted in this act, the City Council may order the GAA to assign to the City of Gastonia within a certain time period all executory contracts to which the GAA is a party.  Notwithstanding said order, all such executory contracts and the rights and obligations thereunder shall be deemed assigned to the City of Gastonia on the effective date of termination of the GAA.
Sec. 4.  Charter.  Any action by the City of Gastonia under this act to dissolve the GAA also repeals Section 9.3 of the Charter of the City of Gastonia, being Chapter 557 of the 1991 Session Laws, is repealed.
Sec. 5.  This act prevails over Chapters 648 and 1158 of the 1981 Session Laws and Chapter 945 of the 1983 Session Laws.
Sec. 6.  This act is effective upon ratification.
In the General Assembly read three times and ratified this the 1st day of July, 1994.

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Dennis A. Wicker
President of the Senate

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Daniel Blue, Jr.
Speaker of the House of Representatives