AN ACT to revise the composition of the sanford‑lee county regional airport authority and to authorize the authority to enter into certain contracts for a period greater than Twenty years.

The General Assembly of North Carolina enacts:

SECTION 1.  Chapter 903 of the 1991 Session Laws, as amended by Section 7(a) of S.L. 2006‑171, reads as rewritten:
"Section 1.  There is hereby created an airport authority to be known as the "Sanford‑Lee County Regional Airport Authority" which shall be a body politic and corporate. The authority shall be composed of seven members; two appointed by the Board of Commissioners of the County of Lee, two by the City Council of the City of Sanford; and three ex officio voting members: the Sanford City Manager, the Lee County Manager, and an appointee of the Sanford Area Growth Alliance Executive Committee. The members shall be allowed a reasonable compensation as determined by the joint action of the City Council of the City of Sanford and the Board of Commissioners for the County of Lee, and shall be paid actual expenses incurred in the transaction of business at the instance of the authority; provided, however, that no full‑time employee of the city or county, or an elected member of either the City Council of the City of Sanford or the Board of Commissioners of the County of Lee shall be paid for his or her services in connection with the authority, but shall be entitled only to reimbursement of actual expenses.
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"Section 3.  (a) The authority shall, in addition to the powers conferred in Chapter 63 of the General Statutes of North Carolina, have the following powers:
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(5)	To lease for a term of 40 years and for purposes not inconsistent with airport purposes or usage, real or personal property or both, under the supervision of or administered by the airport authority.
(6)	To contract with persons, firms, or corporations for terms not to exceed 40 years, for the operation of passenger and freight flights, scheduled or nonscheduled, and any other plane or flight activities not inconsistent with airport operations and to charge and collect reasonable fees, charges, and rents for the use of such property, and services rendered in the operation thereof.
(7)	To operate, own, control, regulate, lease, or grant to others the license to operate amusements or concessions for a term not exceeding 40 years.
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SECTION 2.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 27th day of June, 2017.

	s/	 Daniel J. Forest
	 President of the Senate

	s/	 Tim Moore
	 Speaker of the House of Representatives