CONSIDERATION OF LEASE AGREEMENT

Item 13: Consideration of Lease Agreement with REB Properties, Inc. for Approximately 87 Acres of City- Owned Land on Gay Road for Hunting Purposes (5-years; term expires April 30, 2028 [runs concurrent with current lease, unless revoked] @ $850/year; lease advertised pursuant to G.S. 160A- 272)

Recommended Action: Adopt Resolution Authorizing Lease Agreement (authorizes the Mayor and City Clerk to Execute the Agreement on Behalf of the City).

Votes:

Knight - Y
Blackwell - Y
Joyner - Y
Walker - Y
Daughtridge - Y
Bullock - Y
Miller - Y