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O R A N G E C O U N T Y 1 <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: February 1, 1993 <br /> Action Agenda <br /> Item # VTII-A <br /> SUBJECT: Orange County Visitors' Center--Operating and Lease Agreement <br /> DEPARTMENT: PUBLIC HEARING: Yes X No <br /> Economic Development Commission <br /> ATTACHMENT (S) : INFORMATION CONTACT: <br /> Deed Geof Gledhill <br /> Promisory Note Pam Jones <br /> Deed of Trust TELEPHONE NUMBERS: <br /> Operating Agreement Hillsborough - 732-8181 <br /> Lease Durham - 688-7331 <br /> Mebane - 227-2031 <br /> Chapel Hill - 967-9251/968-4501 <br /> PURPOSE: <br /> To approve the purchase of and the lease and operating <br /> agreement for the Alexander Dickson House located at the corner <br /> of Cameron and King Streets in downtown Hillsborough. <br /> BACKGROUND: <br /> Challenge 9 of the Orange County Economic Development Strategic <br /> Plan calls for the attraction and service of visitors while <br /> encouraging the preservation and appreciation of our historical <br /> resources. Last spring, faced with the closing of the <br /> Hillsborough Visitors Center, the Preservation Fund approached <br /> the County asking for our assistance. After considering <br /> various options, the EDC recommended that the purchase of the <br /> Alexander Dickson House be included in the 1992-93 Capital <br /> Improvement Plan (CIP) . Purchase of the Dickson House was <br /> approved by the Board on December 7, 1992. Total purchase <br /> price is $75,000 to be paid with pay-as-you-go funds over the <br /> next 6 years. The lease and operating agreement reflect the <br /> Board' s recommendations and comments from that meeting. <br /> The lease and operating agreement detail operation of the <br /> Visitor' s Center. Any additional costs to the County will be <br /> off-set by rental income. Funds were included in the approved <br /> CIP. Highlights of the lease include a 2-year term and a <br /> $125 .00 per month lease payment from the Chamber to the County. <br /> The County will maintain the grounds, the exterior of the <br /> buildings, and major systems (heating, electrical, etc. ) . The <br /> Chamber will maintain the interior of the buildings and will <br /> pay all utilities. <br /> RECOMMENDATION: <br /> That the Board approve the purchase of and the lease and <br /> operating agreement for the Alexander Dickson House in <br /> substantially the form of the documents attached to this <br /> abstract and authorize the Chair to sign on behalf of the <br /> Board. <br />