A BILL TO BE ENTITLED
AN ACT validating the actions of the city of goldsboro in failing to comply with the requirements of the laws related to public contracts when rebuilding a performing arts facility.
The General Assembly of North Carolina enacts:
SECTION 1.  Notwithstanding the provisions of Article 8 of Chapter 143 of the General Statutes or any general, special, or local law, the actions of the City of Goldsboro in transferring ownership of the Paramount Theatre (Theatre) to the Paramount Theatre Foundation (Foundation), a nonprofit organization, for the purpose of rebuilding the Theatre, which had been badly damaged by fire, without requiring the Foundation to comply with the requirements of Article 8 of Chapter 143 of the General Statutes in the undertaking of the rebuilding project is hereby validated, ratified, approved, and confirmed in every respect as if the City's actions were made according to law.
SECTION 2.  This act is effective when it becomes law.