Title
Lease of City-owned Property at Archdale Drive
Action
Action:
A. Adopt a resolution approving a five-year lease agreement with Mecklenburg County with the option to extend the lease agreement for a greenway trail on city-owned property (parcel identification numbers 173-065-38 and 173-065-39), and
B. Authorize the City Manager or his designee, to execute any necessary documents to complete this transaction and to amend the lease agreement consistent with the intent of the agreement.
Body
Staff Resource(s):
Phil Reiger, General Services
Ashleigh Price, General Services
Gregory Crawford, General Services
Explanation
§ The city owns two parcels totaling approximately 7.884 acres of land located at 2501 Archdale Drive (tax parcel identification numbers 173-065-38 and 173-065-39) in Council District 6.
§ The properties were acquired in 1931. The parcels are encumbered with FEMA floodplain, post construction buffers, and steep terrain making the sites challenging and generally unsuitable for development.
§ Mecklenburg County desires to lease a portion of the property to construct, maintain, and operate bicycling and walking trails for recreational use by the general public (“Greenway Trail”).
§ Mecklenburg County will be solely responsible for the construction, operation, and maintenance of the Greenway Trail including keeping the trail in good order and safe repair.
§ The terms of the lease agreement are as follows:
- A five-year term with the option to extend for three additional five-year periods; and
- Base rent of $1.00 per year.
Attachments
Attachment(s)
Map
Resolution