Title
Approval of a Multi-Year Operating Lease for Wake County Board of Education at 3080 Business Park Drive, Raleigh, NC (First Reading)
Recommended Action
That the Board of Commissioners receives this information from the Board of Education, so that upon answering any outstanding questions this item will be placed on a future Agenda for consideration pursuant to NCGS 115C-530 to:
1. Adopt the attached resolution approving a Board of Education warehouse/flex space lease for operational, educational and student support purposes and directs staff to submit an application to the Local Government Commission for approval of the lease; and
2. Approve the Reallocation of the necessary funding from current allocation from Capital Outlay (Fund 4) mobile leases to Local Current Expenses (Fund 2) Real Estate Services contracted services