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NORTH CAROLINA


EXECUTIVE SUMMARY

Meeting Date: 10/28/2009
AGENDA #2a


Title of Agenda Item: Public Forum on Proposed Lease of the Wallace Parking Deck to Kidzu Children’s Museum.

Background: The attached memorandum includes background information on the proposal to provide space on the roof of the Wallace Parking Deck for the construction of a children’s museum and additional space for outdoor museum exhibit space. The most recent draft of the lease, reflecting adjustments made following the October 9 Work Session, is attached.

Fiscal Note: If the lease is approved, the Town would be committing to certain on-going maintenance responsibilities for the Parking Deck for the term of the lease.

Recommendations: That the Council receive public comment on the proposed lease this evening and refer the comments to the Manager and Attorney for a follow-up report on November 9, 2009. If the review this evening and public comment warrant, an additional work session could be scheduled with Kidzu representatives.


ATTACHMENTS:
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Staff Memorandum
Draft Ground Lease to Kidzu
ADDITIONAL INFORMATION
Revised language for proposed lease