ATTACHMENT 3

Post Office/Courthouse Fact Sheet

• Address:  179 East Franklin Street
• Year Built:  1937
• Current Replacement Value:  $3,034,000
• Lot Size:  .35 acres (157 feet X 107.5 feet); .74 acres if parking lot is included.
• Building Area:  17,542  gross sq. ft. (14,800 useable)
• Nine Reserved Parking Spaces (3 for the Post Office and 6 for the Court staff)
• Current Tenants/Building Uses:
  • District Court – 2,900 sq.ft.  We can find no record of a lease or other written agreement regarding the Courts use of the building.  Judge Buckner has no record of a written agreement.  The combined corporate memory of the Town staff and the Court staff is that this arrangement dates back to about 1972 and is based upon the Town’s responsibility to provide Court facilities under North Carolina State law.
  • US Post Office – 3,000 sq.ft; $15,140 per year lease expires on August 14, 2014
  • Franklin Street Teen Center- 2,400 sq.ft.;  no cost lease expires on June 30, 2007
  • Common Areas – (Lobby, Restrooms, Mechanical Rooms, Halls, etc.) 4,000 sq.ft
  • Town of Chapel Hill
  • Town Archives and General Storage – 1,700 sq.ft.
  • Police (Project Turnaround & Downtown Task Force) – 800 sq.ft.