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HomeMy WebLinkAboutC.054.93010_1051Vernon said that if the DENR project started in this quarter, it could possibly be completed by October,November of 2004. Vernon said the lease was on the Council of State's agenda in April. He said a letter to DENR was needed stating the lease requirements. Commissioner Williams asked about the type of renovations required for the fourth Floor. Vernon said sonic Fire protection, fire reporting, and the upfitting of common space. Williams also asked about the five-year capital projects plan that was distributed at the agenda briefing. s' Mashburn said the costs for the DENR project were just included in the five-year plan. Vernon said the project was included in the five-year plan to show how each fiscal year would be impacted from a capital reserve standpoint. Mr. Williams asked if the five-year plan would be discussed as a separate item. Mashburn said yes. Chairman Johnson said he had hoped the lease would net some profit for the county to offset the initial upfit of the first floor. Commissioner Williams agreed with Johnson. Commissioner Madison said it appeared to be a "marginal" deal, at best. Commissioner Tice said she understood the State might have other uses for the rest of the fourth floor. Vernon said there were no promises, but an official in the State Property Office had mentioned this idea. Commissioner Madison suggested that a cost of living provision be added to the lease every four years. Mr. Madison said he would not be in favor of the lease if the State rejected the provision. OTIO by Commissioner Madison to authorize the county manager and the Director of Support Services to propose a lease to the North Carolina Department of Environment and Natural Resources with the rent being $7.50 per square foot with an adjustment based upon the Consumer Price Index every four years and the utility costs to be adjusted on an annual basis. In addition, the Director of Support Services will share a copy of the lease with the board members as soon as possible with the understanding that a special meeting of the board might be needed for further discussion. VOTING: Ayes — 5; Nays — 0. Commissioner Madison asked how long the county had the financing restriction (county can only lease to governmental entities and nonprofits). Blumcnstein said for 15 years, and it was because there was tax exempt financing. NOTE: No further discussion occurred about the five-year capital projects plan at this meeting. 7