Item:
Title
Approve Lease Agreement Between Samet, Corp. (Tenant) and Durham County (Landlord) at 115 N Queen St, Unit A for a 24-month term, with Annual Lease Revenue of $24,000.00 and Other Terms as Noted in the Attached Lease Agreement
Body
Date of BOCC Meeting: July 28, 2025
Request for Board Action:
Agenda Text
The Board is requested to approve the Lease Agreement between Samet, Corp. (tenant) and Durham County (landlord) at 115 N Queen St, Unit A for a 24-month term, with annual lease revenue of $24,000.00 and other terms as noted in the attached Lease Agreement upon document approval by the County Attorney’s Office.
Samet will use the space as a temporary construction office for the duration of the 500 E. Main St. Affordable Housing Development currently under construction. They will pay for all their utilities, and one third of the actual costs of cleaning, maintaining, and repairing the bathrooms shared with the other two units on the property. The current Property Manager is Laurel Street Avanath Management, LP.
Alignment with Strategic Plan: This item aligns with Strategic Plan Goal: Sustainable Infrastructure & Environment Plan for long-term use of County land, facilities, and equipment.
Resource Persons: Christy Raulli, Senior Real Estate Officer; Peri Manns, Deputy Director Engineering and Environmental Services; Jay Gibson, Director, Engineering and Environmental Services; Julio Delgado, Assistant County Manager.
County Manager’s Recommendation: The County Manager recommends that the Board approve the Lease Agreement between Samet, Corp. (tenant) and Durham County (landlord) 115 N Queen St, Unit A for a 24-month term, with annual lease revenue of $24,000.00 and other terms as noted in the attached Lease Agreement upon document approval by the County Attorney’s Office.
Signature
County Manager: ____________________________