Title
Option to Lease for Affordable Housing Development at 0 Chapanoke Road in Raleigh
Recommended Action
That the Board of Commissioners authorizes the County Manager to sign an Option to Lease with Raleigh Community Partners, LLC (RCP) in accordance with G.S. 160A-278 for the development of affordable housing on a portion of the real property located at 0 Chapanoke Road in Raleigh, NC, subject to terms and conditions acceptable to the County Attorney.
All agreements are subject to terms and conditions acceptable to the County Attorney. Agreements are also contingent upon the developments receiving local approvals including site plan approval and all necessary permits from the local municipality.