Legislation Details

File #: 16-7164   
Type: Consent Item Status: Agenda Ready
In control: Facilities Design & Construction
On agenda: 7/6/2026 Final action:
Title: Approve a Lease Assumption Agreement for 5651 Dillard Drive with the Wake County Board of Education and Chaucer Investments, LLC
Attachments: 1. Agenda Item - Dillard Drive Lease Assumption.pdf, 2. Crossroads Area Map.pdf, 3. Floor Plan.pdf

Title

Approve a Lease Assumption Agreement for 5651 Dillard Drive with the Wake County Board of Education and Chaucer Investments, LLC

Recommended Action

That the Board of Commissioners:

 

1.                     Approves the assignment and assumption of a lease from the Wake County Board of Education and Chaucer Investments, LLC for real property located at 5651 Dillard Drive, Cary, NC;

 

2.                     Authorizes the County Manager (or designee) to execute the Assignment and Assumption of lease agreement and to execute any other necessary documentation to complete the assignment on behalf of Wake County, subject to terms acceptable to the County Attorney.