§ 63A-2 – Definitions.
63A-2. Definitions. The following definitions apply in this Chapter: (1) Aircraft. – A contrivance that is used or designed for flight. (2) Airport project. – Any of the following that is part of or is used in connection with a cargo airport or a facility at a cargo airport complex site and is not a […]
§ 63A-3 – Creation of Authority and Board.
63A-3. Creation of Authority and Board. (a) Creation. – The North Carolina Global TransPark Authority is created as a body corporate and politic having the powers and jurisdiction as provided under this Chapter or any other law. The Authority is a State agency created to perform essential governmental and public functions. The Authority shall be […]
§ 63A-4 – Powers of the Authority.
63A-4. Powers of the Authority. (a) The Authority shall have all of the powers necessary to execute the provisions of this Chapter, which shall include at least the following powers: (1) The powers of a corporate body, including the power to sue and be sued, to make contracts, to adopt and use a common seal, […]
§ 63A-5 – Taxation of property of Authority.
63A-5. Taxation of property of Authority. Property owned by the Authority is exempt from taxation in accordance with Article V, 2 of the North Carolina Constitution. Property that is part of or is located on a cargo airport complex site and is not owned by the Authority, including property that is part of a special […]
§ 63A-6 – Acquisition, disposition, or exchange of real property.
63A-6. Acquisition, disposition, or exchange of real property. (a) General. The Authority may acquire real property by purchase, negotiation, gift, devise, or eminent domain. Any acquisition by eminent domain by the Authority of real property or an estate or interest in real property must be reviewed and approved by the Council of State before it […]