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File #: 22-136    Version: 1 Name:
Type: Agendas Status: Agenda Ready
File created: 4/20/2022 In control: Board of Aldermen
On agenda: 4/26/2022 Final action:
Title: Resolution Entering into Parking Lease Agreement with Fitch Lumber PURPOSE: The purpose of this item is to authorize the Town Manager to sign a parking lease agreement with Fitch Lumber for temporary parking during the 203 Project construct.
Attachments: 1. Attachment A - Resolution, 2. Attachment B - Parking Lease Agreement
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TITLE: Title

Resolution Entering into Parking Lease Agreement with Fitch Lumber 

PURPOSE:  The purpose of this item is to authorize the Town Manager to sign a parking lease agreement with Fitch Lumber for temporary parking during the 203 Project construct.

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DEPARTMENT: Economic Development

 

CONTACT INFORMATION:  Jon Hartman-Brown, 919-391-7846, JHartman-Brown@CarrboroNC.gov

 

INFORMATION: The Town Council directed staff to acquire additional temporary parking spaces to offset the loss of parking spaces due to the construction of the 203 Project.

 

This agreement will lease approximately 51 spaces in Fitch Lumber’s main lot for weekday evening and weekends through December 31, 2023. This will also include two ADA parking spaces. The lot will also need to be resurfaced in order to make it acceptable for public parking (estimated to be $30,000).

 

Area

Spaces

Availability

Status

Completion

203 S. Greensboro (203 Project)

-100

24/7

--

 

Dispute Settlement Center

+6

24/7

Not started

Q1 2022

CommunityWorx

+12

24/7

Not started

Q1 2022

309 N. Greensboro (Fitch)

+51

Evening & 24 hrs. Weekends

Under Council Review

Q1 2022

502B N. Greensboro (Fitch)

+20

24/7

Completed

 

300 E. Main (behind ArtsCenter)

+62

Daytime

Completed

 

Net Change

+51

--

--

 

 

 

FISCAL & STAFF IMPACT: The lease will cost $12,750 per year. There will be a one-time capital expenditure of approximately $30,000 for the resurfacing of the lot.

 

RECOMMENDATION: Staff recommend approval of the lease agreement.