A BILL TO BE ENTITLED
AN ACT to allow the town of lake lure to lease certain property for a term of more than TEN years.
The General Assembly of North Carolina enacts:
SECTION 1.  Notwithstanding the provisions of G.S. 160A‑272, the Town of Lake Lure may lease the property known as Lake Lure Bridge #7 for a term of more than 10 years without the necessity of following any procedures other than those required by G.S. 160A‑272 for leases of 10 years or less.
SECTION 2.  This act is effective when it becomes law.