LEGISLATIVE RESEARCH CENTER
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File #: 20-3610    Version: 1
Type: Contract Status: Passed
File created: 9/1/2020 In control: Board of Commissioners
On agenda: 9/3/2020 Final action: 9/3/2020
Title: Vote on a request to approve intent to accept lease offer and authorize initiation of upset bid process
Attachments: 1. Consolidated Health Campus – Siler City, 2. Chatham County -- Office Lease (execution version), 3. Ground Lease (execution version)

Title

Vote on a request to approve intent to accept lease offer and authorize initiation of upset bid process

 

Abstract

Action Requested: Vote on a request to approve intent to accept lease offer and authorize initiation of upset bid process

                     

Introduction & Background: The County has been working with Piedmont Health for expansion of their facilities and co-location with the County Health Department.

                     

Discussion & Analysis: We have identified a location on a county owned parcel across from Chatham Hospital on Progress Blvd. A third party, Siler City Investment LLC, has agreed to construct a facility that will include approximately 7,000 square feet of finished office space for use by Chatham County in addition to the space needs for Piedmont Health. The cost of the lease will be $1 per year for 99 years in exchange for the county leasing approximately 5 acres to Siler City Investment LLC for the facility at a cost of $1 per year for 99 years.

 

How does this relate to the Comprehensive Plan:

                     

Budgetary Impact: None

                     

Recommendation: Motion to approve intent to accept lease offer and authorize initiation of upset bid process