(a) The Town Council may authorize the City Manager or Deputy City Manager to dispose of all the following property interests without obtaining Town Council approval for each disposition:
(1) Water or sewer easements, or similar interests in real property, as part of an exchange for other water and sewer easements or similar interests in property.
(2) Water or sewer easements, or similar interests in real property, when the easement or similar interest in real property is no longer needed by the Town.
(b) The provisions of Article 12 of Chapter 160A of the General Statutes shall not apply to the disposition of property under this section.
(N.C.S.L. 2015-84; Ord. No. 2015-Code-07, 6-18-2015)