to: Roger L. Stancil, Town Manager
from: Ray (Butch) Kisiah, Parks and Recreation Director
Bill Webster, Assistant Parks and Recreation Director
subject: Proposal to Extend a Lease for a Portion of the Hargraves Recreation Center to Holmes Child Care, Inc.
date: October 27, 2008
The attached resolution would authorize the Manager to execute a two-year lease extension agreement with Holmes Child Care, Inc. for approximately 3,850 square feet of space in the basement of the Hargraves Recreation Center, 216 N. Roberson Street.
BACKGROUND
Holmes Child Care, Inc. has operated in the Hargraves Recreation Center for approximately 38 years. The current lease will expire on December 31, 2008.
DISCUSSION
North Carolina General Statute 160A-272 states that public property may be rented or leased by a municipality pursuant to a resolution of the Council authorizing the execution of the lease, adopted at a regular meeting, and upon 10 days public notice. We published such notice in the Chapel Hill News on October 12, 2008.
The proposed lease
agreement would be substantially the same as the current agreement including:
That the Council adopt the attached resolution authorizing the Manager to execute a lease extension with Holmes Child Care, Inc. for operation of a child care center at the Hargraves Recreation Center from January 1, 2009 until December 31, 2010.