Title
Lease of City-Owned Property on Northerly Road
Action
Action:
A. Adopt a resolution approving a lease agreement with Envision Charlotte for a portion of city-owned property located at 3300 Northerly Road (parcel identification number 077-181-01), and
B. Authorize the City Manager, or his designee, to negotiate and execute all documents necessary to complete this transaction.
Body
Staff Resource(s):
Phil Reiger, General Services
Greg Crawford, General Services
Explanation
§ The city owns approximately 155 acres of property at 3300 Northerly Road, zoned ML-2 and located in Council District 1 (Property). This is the site of the closed Statesville Avenue Landfill.
§ Envision Charlotte (Envision), a 501(c)(3) nonprofit corporation, desires to continue leasing approximately 20 acres of the Property, which it has leased since 2020.
§ This lease will enable Envision to advance its mission of promoting a circular economy through innovative models, while continuing its wood reuse and composting operations on the site.
§ The city has authority to enter into this lease agreement under its Charter and NC General Statute Section 160A-272.
§ The lease terms include:
- A five-year initial term, commencing March 21, 2026,
- One, five-year renewal option,
- A lease rate of $1 for the term of lease,
- City receives 25 percent of revenues generated at the Property,
- City may choose to direct a portion of all wood debris generated by the city’s in-house tree operations to the Property for disposal, and
- City can obtain wood products and materials for 15 percent less than market price.
Fiscal Note
Funding: Proceeds from the lease will be deposited in the General Fund
Attachments
Attachment(s)
Map
Resolution