AN ACT to amend the charter of the city of charlotte to repeal certain optional rights of the city manager, to authorize the city manager to accept property offered for public dedication, to repeal the section that prohibits the city manager from awarding contracts that exceed fifty thousand dollars, and to move a certain section from chapter four to chapter eight for organizational purposes.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 4.06 of the Charter of the City of Charlotte, being S.L. 2000‑26, as amended, reads as rewritten:
"Section 4.06. Optional Rights. The City 						Manager or his or her designee may accept property offered for public dedication."
SECTION 2.  Section 8.22 of the Charter of the City of Charlotte, being S.L. 2000‑26, as amended, is amended by adding the following new subsection:
"(e)	The City Manager may approve the sale by the City of real property having a value of more than ten thousand dollars ($10,000) when the City Manager certifies to the Council that the property is being sold for the purpose of increasing the supply of affordable housing available to low- or moderate-income persons. The City Manager shall within 10 days of any transaction authorized by this subsection report the details to the Council."
SECTION 3.  Section 8.86 of the Charter of the City of Charlotte, being S.L. 2000‑26, as amended, is repealed.

SECTION 4.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 22nd day of July, 2002.

	s/	 Marc Basnight
	 President Pro Tempore of the Senate

	s/	 James B. Black
	 Speaker of the House of Representatives