File #: 16-1120   
Type: Regular Item Status: Agenda Ready
In control: Facilities Design & Construction
On agenda: 10/16/2017 Final action:
Title: Approval of a Multi-Year Operating Lease for Wake County Board of Education at 3080 Business Park Drive, Raleigh, NC (First Reading)
Attachments: 1. Agenda Item Business Park Drive Lease 1st reading 10-2-2017 DRAFT.pdf, 2. BOC Presentation - Purchasing Warehouse First Reading.pdf, 3. Precis Purchasing ERD Warehouse Flex Lease 9-19-2017 final V3.pdf, 4. Draft Lease (2).pdf, 5. 2017-9-15 BOC Resolution re Business Park Drive Warehouse Flex Space Operating Lease - V2.pdf, 6. Warehouse Lease 15 yr Cash Flow Analysis.pdf

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