Were Acquisition of Space by Lease - NCA&T SU and UNCG, executed in accordance with N.C. Gen. Stat. § 116-31.12, UNC Policy 600.1.3.1, applicable regulations, and conformant with required clearances? | |
Union Square Campus, Inc. (Landlord) leases agreements with
( tenants) North Carolina A&T State University and the University of North
Carolina at Greensboro last reported unsigned. Regulations for Acquisition and Disposition of Real Property by Lease, I. General A. A source of funds must be identified and secured for 100 percent (100%) of the required funding for the term of the proposed acquisition by lease. Regulations for Acquisition and Disposition of Real Property by Lease, I. General G. The availability of funds clause is required in all acquisition leases. This clause shall not be invoked without the written permission of the president. Union Square Campus Tenant leases do not identify the source of funding. Union Square Campus Tenant leases do not availability of funds clause. NC A&T Board of Trustees RESOLUTION FOR REAL PROPERTY LEASE ,22nd day of November 2013, authorize the administration to proceed with the development of a Downtown University Campus based on available funding. Pursuant Public Record requests UNC-GA and NC A&T have not produced written permission for the president to invoke "availability of funds clause". |
Regulations for Acquisition and Disposition of Real Property by Lease require the Campus Property Officer and Office to develop a comprehensive set of specification that addresses all lease requirements and report the specification to the campus property review committee prior to obtaining proposals. |
Proposal: Union Square Campus document Intent to Lease Square Campus dated February 18, 2014 to NC A&T Chancellor Martin says in part "We are pleased to submit the following non-bonding Letter of Intent to you to lease space in the planned facility referred to as University Center, to be located at property south of the intersection of South Elm Street and Lee Street in Greensboro, North Carolina, which is expected to be the first building constructed in connection with the Union Square Campus project." "We anticipate that North Carolina A&T State University ("NC A&T " or Tenant") would seek approval from the NCA&T Board of Trustees, UNC Board of Governors, and the North Carolina Council of State to occupy a certain amount of exclusive and shared space in the Facility for NCA&T programs to be later agreed upon by the parties." To date, we have completed the preliminary programs ing for the exclusive space and the shared space described above..." |
UNCG Michael Byers May 09,2014 email to John Webb ,State Property office, Manager Leasing and Space Planning, response to question gross sq. ft. or net Since the building is not constructed and the design or it is schematic at best, there is not a way to get to net square feet. Unambiguous the Universities Campus Property Officer/Office had not developed detailed set of specifications that addresses all lease requirement and reported the specifications to the campus property review committee prior to obtaining proposals. |
Images: (A&T) 03 BOT February 2013
Meeting_Academic Affairs Committee_DOWNTOWN UNIVERSITY CENTER.pdf [1] Universities to sigh Research Agreement Tim Thornton Greensboro News & Record Wednesday May 19, 1999 [2] North Carolina A&T State University Homecoming 2009 Affirmation Service Keynote Address November 1, 2009 [3] Downtown Area Consolidated Plan [ December 2010 DRAFT] p.68 [4] The Pursuit of Knowledge-2022: A vision of Technology and education, Taft Wireback, Greensboro News & Record Saturday, June 8, 2002 [5] [BOG] 10 Acquisition of Space by Lease_NCAT_UNCG.pdf, April 2014 [7]Public Record Image (s) [8]Public Recorf Office of Facilities NC A&T Space Committee Support Staffer 12.03.14 [9]UNC-G Board of Trustees December 6, 2013 Action Item: Authorization for Lease of Space in the Downtown University Campus. |