§ 115D-15.1. Disposition, acquisition, and construction of property by community college.
§ 115D‑15.1. Disposition, acquisition, and construction of property by community college.
(a) Disposition. Notwithstandingthe provisions of G.S. 115D‑14, 115D‑15, and 160A‑274, theboard of trustees of a community college may, in connection with additions,improvements, renovations, or repairs to all or part of its property, lease,sell, or otherwise dispose of any of its property to the county in which theproperty is located for any price and on any terms negotiated between the boardof trustees of the community college and the board of county commissioners.
(b) Transfer. Anagreement under subsection (a) of this section shall require the county totransfer the property back to the board of trustees of the community collegewhen any financing agreement entered into by the county to finance theadditions, improvements, renovations, and repairs has been satisfied.
Notwithstanding the transferof property to the county, the provisions of subsection (d) of this section,G.S. 143‑129, and G.S. 143‑341 apply to the capital improvementproject.
(c) Acquisition andConstruction. Notwithstanding the provisions of G.S. 115D‑14 and G.S.115D‑20(3), the board of trustees of a community college may acquire, byany lawful method, any interest in real or personal property in the county inwhich the community college is located or in its service delivery area for useby the board of trustees. The board of trustees may contract for theconstruction, equipping, expansion, improvement, renovation, repair, orotherwise making available for use by the board of trustees of the communitycollege of all or part of the property upon any terms negotiated between theboard of trustees of the community college and the board of countycommissioners.
(d) Approval. Theactions of a board of trustees of a community college taken pursuant to thissection are subject to the approval of the State Board of Community Colleges.
(e) ContractResponsibility. A county's obligations under a financing contract enteredinto by the county to finance improvements to real or personal propertypursuant to this section shall be the responsibility of the county and not theresponsibility of the board of trustees of the community college. (1999‑115, s. 2; 2007‑484,s. 29(b).)