Leases

N.C. Gen. Stat. § 160A-19

N.C. Gen. Stat. § 160A-19

A city is authorized to lease as lessee, with or without option to purchase, any real or personal property for any authorized public purpose. A lease of personal property with an option to purchase is subject to Article 8 of Chapter 143 of the General Statutes. (1973, c. 426, s. 9.)