A BILL TO BE ENTITLED
AN ACT to REQUIRE local governments to pay just compensation for removal of lawfully erected BUILDINGS, structures, outdoor advertising, or PERSONAL property and to authorize LOCAL governments to enter into relocation and RECONSTRUCTION agreements with owners of nonconforming properties.
The General Assembly of North Carolina enacts:
SECTION 1.  Article 11 of Chapter 136 of the General Statutes is amended by adding the following new section to read:
"§ 136-131.2. Acquisition by local governments of nonconforming property.
(a)	A local governmental entity may acquire by purchase, gift, or condemnation, buildings, structures, outdoor advertising, or items of personal property attached to the land that are nonconforming under a local ordinance and may regulate the use of property within the jurisdiction of the local governmental entity in accordance with the applicable provisions of Chapter 153A and Chapter 160A of the General Statutes.
(b)	As of January 1, 2003, no local governmental entity shall enact an ordinance that requires the removal of any nonconforming, lawfully erected building, structure, outdoor advertising, or item of personal property attached to the land without the payment of just compensation to the owner of the property.
(c)	Just compensation, for the purposes of this section, shall be the fair market value of the buildings, structures, outdoor advertising, or items of personal property attached to the land that are in place immediately prior to their removal and without consideration of the effect of the ordinance or any diminution in value caused by the ordinance requiring their removal, less the fair market value of the buildings, structures, outdoor advertising, or items of personal property attached to the land immediately after their removal.
(d)	In lieu of just compensation, a local governmental entity may enter into relocation and reconstruction agreements with owners of nonconforming property to be removed, provided that the terms are agreeable to the owner of the buildings, structures, outdoor advertising, or items of personal property attached to the land. A local governmental entity may adopt an ordinance or resolution providing for relocation or reconstruction agreements.
(e)	The term "outdoor advertising", as used in this section, shall have the same meaning as in G.S. 136-128(3), except that it shall include outdoor advertising visible from the main-traveled way of any road."SECTION 2.  This act is effective when it becomes law.