North Carolina Statutes

Chapter 63A North Carolina Global TransPark Authority

  • § 63A-1   Short title and intent
    This Chapter is the "North Carolina Global TransPark Authority Act." It is enacted in part pursuant to Article V, Section 13, of the North Carolina...
  • § 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...
  • § 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...
  • § 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:...
  • § 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...
  • § 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...
  • § 63A-7   Police power
    (a) The Authority has jurisdiction within a cargo airport complex site. The Board may adopt ordinances regulating traffic and parking within the cargo airport complex...
  • § 63A-8   Authority funds
    All Authority funds shall be deposited in one or more banks to be designated by the Board. Funds of the Authority shall be paid out...
  • § 63A-9   Bonds and notes
    (a) The Authority may provide for the issuance, at one time or from time to time, of bonds and notes, including bond anticipation notes and...
  • § 63A-10   Refunding bonds or notes
    (a) Issuance. The Authority may issue refunding bonds or notes for the purpose of refunding any outstanding bonds or notes issued under this Chapter, including...
  • § 63A-11   Special user project bonds or notes
    (a) The Authority may, subject to the provisions of this section, G.S. 63A‑9, and, if applicable, G.S. 63A‑10, issue, at one time or from time...
  • § 63A-12   Public hearing requirements
    To the extent federal tax law requires public hearings to be held with respect to the issuance of bonds to finance projects, the hearings may...
  • § 63A-13   Financing agreements
    (a) Every financing agreement shall contain provisions ensuring all of the following: (1) That the amounts payable under the financing agreement are sufficient to pay,...
  • § 63A-14   Security documents
    Bonds issued under the provisions of this Chapter may be secured by a security document which may be a trust instrument between the Authority and...
  • § 63A-15   County agreements
    Any county in which all or part of a cargo airport complex site is located may enter into an agreement with the Authority providing for...
  • § 63A-16   Remedies
    Any owner of bonds or notes issued under the provisions of this Chapter or any coupons appertaining thereto, and the trustee under any trust agreement...
  • § 63A-17   Status of bonds and notes under Uniform Commercial Code
    All bonds and notes and interest coupons, if any, issued under this Chapter are made investment securities within the meaning of and for all the...
  • § 63A-18   Zoning power of Authority
    (a) The Authority has exclusive zoning jurisdiction within a cargo airport complex site. The Authority has zoning jurisdiction within six miles of the boundaries of...
  • § 63A-19   Goals for participation by minorities, women, and the disabled
    (a) The Authority shall verify its efforts to achieve the goals established in this section for participation by minority business enterprises, women's business enterprises, and...
  • § 63A-20   Officers not liable
    No member or officer of the Authority shall be subject to any personal liability or accountability by reason of his execution of any bonds or...
  • § 63A-21   Conflicts of interest
    If any member, officer, or employee of the Authority shall be interested either directly or indirectly, or shall be an officer or employee of or...
  • § 63A-22   Cooperation by other State agencies
    All State officers and agencies shall render the services to the Authority within their respective functions as may be requested by the Authority. (1991, c....
  • § 63A-23   Annual and quarterly reports
    The Authority shall, promptly following the close of each fiscal year, submit an annual report of its activities for the preceding year to the Governor,...
  • § 63A-24   General laws apply to Authority; exceptions
    Except as provided in this section, the general laws that apply to State agencies apply to the Authority. The following general laws, to the extent...
  • § 63A-25   Dissolution
    Whenever the Board shall by resolution determine that the purposes for which the Authority was formed have been substantially fulfilled and that all bonds issued...