{"data":{"id":"us-nc/n.c.-gen.-stat.-115c-546.13","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 115C-546.13","heading":"Lease exception; requirements.","body":"(a)\tNotwithstanding any provision of this Article to the contrary, a county may utilize grant funds for a lease agreement if all of the following criteria are met:\n(1)\tOwnership of the subject property on which the leased school is constructed shall be retained by the county.\n(2)\tThe lease agreement shall include a repairs and maintenance provision that requires the landlord to bear the entire expense of all repairs, maintenance, alterations, or improvements to the basic structure, fixtures, appurtenances, and grounds of the subject property for the term of the lease.\n(3)\tThe lease agreement shall be for a term of at least 15 years and no more than 25 years.\n(4)\tIn lieu of the progress payment requirement provided in G.S. 115C-546.11(b), a county that has entered into a lease agreement shall provide a copy of the lease agreement to the Department of Public Instruction and shall be periodically reimbursed upon submission of documentation satisfactory to the Department that the matching requirement of this section has been met.\n(b)\tFor the purposes of this section, the term \"lease agreement\" shall include any ancillary agreements or predevelopment agreements entered into in anticipation of or in accordance with a lease. A lease agreement entered into pursuant to this subsection shall be subject to the requirements of Article 8 of Chapter 159 of the General Statutes. In determining whether the lease agreement is necessary or expedient pursuant to G.S. 159-151(a)(1) and G.S. 159-151(b)(1), the Local Government Commission may consider any other relevant construction and financing methods available to the county. (2021-180, s. 4.4(a).)","path":["Chapter 115C. Elementary and Secondary Education.","Subchapter IX. Property.","Article 38B. Needs-Based Public School Capital Fund."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_115C/GS_115C-546.13.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:17:42Z","sha256":"30520be4c82675286d302c31a35c305bb8e69802c32aaf3c557bbe56cfc1eb49","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-115c-546.12","next":"us-nc/n.c.-gen.-stat.-115c-546.14"},"notice":"GroundRules: Original legal text. Not legal advice."}