NORTH CAROLINA GENERAL ASSEMBLY

1975 SESSION

CHAPTER 5

SENATE BILL 38

AN ACT TO AUTHORIZE THE DAVIDSON COUNTY BOARD OF EDUCATION TO CONVEY OR LEASE CERTAIN REAL PROPERTY.

The General Assembly of North Carolina enacts:

Section 1. The Davidson County Board of Education is hereby authorized to convey by good and sufficient deed or to lease all its right, title and interest in and to the hereafter described tract of land located in Davidson County, Reedy Creek Township, North Carolina, to the Reedy Creek Boosters Club, Inc., upon such terms and conditions as said Davidson County Board of Education may in its discretion determine with or without consideration; provided, however, that such lease or conveyance shall provide that if said property at any time ceases to be used for nonprofit public recreational purposes, the lease shall terminate or in the event of a conveyance, the title shall revert by operation of law to the Davidson County Board of Education or its successor.

TRACT I: BEGINNING at a red oak on Koonts and the Consolidated School line running in an eastern direction 30 1/2 rods to the center of the road thence in a northern direction with said road 7 1/2 rods to a corner, thence in a western direction 28 rods to the beginning. Containing 3/4 of an acre more or less.

See Deed Book 107, page 207, in the office of the Register of Deeds of Davidson County.

TRACT II: BEGINNING at a stake in the old road, Koonts corner; thence South 78 1/2 degrees West, 649 feet to a stake in Koonts line, thence South 30 degrees East, 466 feet to a stake, a new corner; thence North 55 degrees East, 375 feet to a stake in Mrs. Phillips' line; thence North 13 degrees West, 46 feet to a stake, Mrs. Phillips' corner; thence North 55 degrees East, 255 feet to a stake, Koonts line, Phillips' corner; thence North 35 degrees West, 217 feet to the beginning, containing five acres, more or less.

See Deed Book 104, page 248, in the office of the Register of Deeds of Davidson County.

Sec. 2. This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 14th day of February, 1975.