North Carolina Statutes

§ 162A-14 — Conveyances and contracts between political subdivisions and authority

North Carolina·Ch. 162A Water and Sewer Systems·Art. 1 Water and Sewer Authorities

The governing body of any political subdivision is hereby authorized and empowered:

(1)Pursuant to the provisions of G.S. 160A-274 and subject to the approval of the Local Government Commission, except for action taken hereunder by any State agency, to transfer jurisdiction over, and to lease, lend, grant or convey to an authority upon the request of the authority, upon such terms and conditions as the governing body of such political subdivision may agree with the authority as reasonable and fair, the whole or any part of any existing water system or sewer system or such real or personal property as may be necessary or desirable in connection with the acquisition, construction, reconstruction, improvement, extension, enlargement, equipment, repair, maintenance or operation of any water s

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