A BILL TO BE ENTITLED
AN ACT to provide for the conveyance of a city water system to a metropolitan sewerage district.
The General Assembly of North Carolina enacts:
SECTION 1.  Article 5 of Chapter 162A of the General Statutes is amended by adding a new section to read:
"§ 162A‑82.  Conveyance of water system by certain municipalities.
(a)	If a city with a population of over 75,000 according to the most recent decennial federal census is located within a county with a population of 200,000 or over according to the most recent decennial federal census and the city is located entirely within a Metropolitan Sewerage District established under this Article, the city shall convey its water system to the Metropolitan Sewerage District within one year of the effective date of this section. The transfer shall include all the real and personal property used for such water system, and all assets and liabilities, tangible and intangible.
(b)	If a city water system has been conveyed to a Metropolitan Sewerage District under this section, the Metropolitan Sewerage District shall also have all the powers of a Metropolitan Water District under Article 4 of this Chapter. In such case, the city may not subsequently operate a water system."
SECTION 2.  This act is effective when it becomes law.