Laserfiche WebLink
§ 160A-241 CH, i6~A, CITIES A~D ~OWNS § 160A-266 <br /> <br /> EditOr'a Note. ~ ~lon ~ws 1981, ~. 9~9. <br /> [ ~, makes this ~tion e~tive Jan. 1. 1982. <br /> <br /> {t 160A-~1 to 160A-261: ~a{~ by ~ion Laws 1981, c. 919, a. 28, e~tive Janua~ 1, 1982. <br /> <br />' { I~A-26~: Re~a{~ by ~[on ~ws 1973, c. 426, s. 42. <br /> <br /> { 160A-263: ~peal~ by ~ion Laws 1981, c. 919, s. 28, afl. t/ye Janua~ 1, 1982. <br /> <br /> t 150A-2~: Re,eh'ed for future e~ifieation pu~se~. <br /> <br /> ! 150~-~$. ~se and disposal of property. <br /> In the discretion of th~ council, a city may: {i) hold, use, change the u~e <br /> <br /> without regard io the method or pu~se of i~ acquisition or to i~ intended or <br /> actual gove~mental or other prBr use. (1981 (Reg. Se~., 19821, e. 1236.1 <br /> <br /> ARTZCLS 12. <br /> Sale and Disposition of Property. <br /> <br /> { 160A-266. Methods of sale; Ii.ration. <br /> (al Subj~t ~ the limitations prescri~d in subsection (b) of this section, and <br />according W the procures presc~b~ in this A.icle, a city may dispose of real <br />or ~rsonal prope~y ~longing to the city by: <br /> (1) P~va~ negotiation and sale; <br /> (2) Adve.i~ment for seal~ bids; <br /> (3) Negotiat~ offer, adverti~ment, and upset bid; <br /> (4) Public auction; or <br /> (5} Exchange. <br /> ~) ~vate negotiation and sale may be us~ only with respect to per. hal <br />pm~y valu~ at le~ than five thou~nd dollars ($5,000) for any one item or <br />~oup of similar items. Real prope~y and personal prope~y valued at five <br />thou~nd dollars ($5,000) or more for any one item or ~onp of similar ite~ <br />may ~ ~ld by any meth~ pe~itt~ by this A~icle other than priva~ nego- <br />tiation and sale, or may be exchang~ as pe~itt~ by G.S. 160A-271. (1971, <br />e. 698, s. 1; 1973, c. 426, s. 42.1.) <br /> <br /> 347 <br /> <br /> <br />