GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001
H	3
HOUSE BILL 18
Committee Substitute Favorable 3/8/01
Third Edition Engrossed 3/13/01

Short Title:	 Nash Private Sale/Flood Homes.	()	
Sponsors:	     	
Referred to:	     	
January 30, 2001

A BILL TO BE ENTITLED
AN ACT to allow nash and duplin counties to dispose of certain property at private sale.

The General Assembly of North Carolina enacts:
SECTION 1.  This act is for the public purposes of benefiting citizens who were adversely affected by the floods accompanying Hurricane Floyd, promoting economic and community development, and strengthening the tax base.
SECTION 2.  A county may sell any improvements affixed to or located on real property that it has purchased through the Hazard Mitigation Grant Program related to Hurricane Floyd.  These improvements may be sold and are exempt from the restrictions and limitations required to effectuate sales of real or personal property provided for in Article 12 of Chapter 160A of the General Statutes. No dwelling may be sold pursuant to this section unless the following requirements are met:
(1)	The dwelling may be sold only to the verifiable owner of the dwelling at the time of Hurricane Floyd, September 15, 1999, and must initially be reoccupied by the same owner.
(2)	The dwelling must have been properly repaired in compliance with the North Carolina Building Code as verified by the county Planning and Development Department by issuance of a building permit, subsequent inspections, and a certificate of occupancy.
(3)	The dwelling must be sold on or before July 30, 2001.
SECTION 1.1.  This act applies to Duplin and Nash Counties only.
SECTION 3.  This act is effective when it becomes law.