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§ 115C -518. Disposition of school property; easements and rights -of -way. <br />(a) When in the opinion of any local board of education the use of any building site or <br />other real property or personal property owned or held by the board is unnecessary or <br />undesirable for public school purposes, the local board of education may dispose of such <br />according to the procedures prescribed in General Statutes, Chapter 160A, Article 12, or any <br />successor provisions thereto. Provided, when any real property to which the board holds title is <br />no longer suitable or necessary for public school purposes, the board of county commissioners <br />for the county in which the property is located shall be afforded the first opportunity to obtain the <br />property. The board of education shall offer the property to the board of commissioners at a fair <br />market price or at a price negotiated between the two boards. If the board of commissioners does <br />not choose to obtain the property as offered, the board of education may dispose of such property <br />according to the procedure as herein provided. Provided that no State or federal regulations <br />would prohibit such action. For the purposes of this section references in Chapter 160A, Article <br />12, to the "city," the "council," or a specific city official are deemed to refer, respectively, to the <br />school administrative unit, the board of education, and the school administrative official who <br />most nearly performs the same duties performed by the specified city official. A local board of <br />education may also sell any property other than real property through the facilities of the North <br />Carolina Department of Administration. The proceeds of any sale of real property or from any <br />lease for a term of over one year shall be applied to reduce the county's bonded indebtedness for <br />the school administrative unit disposing of such real property or for capital outlay purposes. <br />(b) In addition to the foregoing, local boards of education are hereby authorized and <br />empowered, in their sound discretion, to grant easements to any public utility, municipality or <br />quasi - municipal corporations to furnish utility services, with or without compensation except the <br />benefits accruing by virtue of the location of the said public utility, and to dedicate portions of <br />any lands owned by such boards as rights -of -way for public streets, roads or sidewalks, with or <br />without compensation except the benefits accruing by virtue of the location or improvement of <br />such public streets, roads or sidewalks. <br />(c) Any sale, exchange or lease of real or personal property by any local board of <br />education prior to June 18, 1982, and pursuant to the authority of G.S. 115 -126 is hereby <br />validated, ratified and confirmed. (1955, c. 1372, art. 15, s. 2; 1959, c. 324; c. 573, s. 11; 1961, c. <br />395; 1975, c. 264; c. 879, s. 46; 1977, c. 803; 1981, c. 423, s. 1; 1981 (Reg. Sess., 1982), c. 1216; <br />1983, c. 731; 1985 (Reg. Sess., 1986), c. 975, s. 22.) <br />F -5 <br />Attachment number 1 \n <br />Page 91 <br />