North Carolina S894 transfers the Chancellor's residence property of NC A&T to the NC A&T Real Estate Foundation for $1.
North Carolina S894 directs the State of North Carolina to transfer the Chancellor's residence property of North Carolina Agricultural and Technical State University to the NC A&T Real Estate Foundation for one dollar. The State conveys all rights, titles, and interests in the property, identified with Land Asset ID 1128 and PIN Number 7866-15-4390. The conveyance exempts from certain statutory provisions and complies with other statutory provisions. If the Foundation sells the property, it must use the proceeds for purchasing a new Chancellor's residence.
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