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FACILITIESPENDING

City of Rocky Mount City Council Meeting Agenda March 2026

City Plans Lease of 152 East Thomas Street Property

$572 per month (2-year lease) with 2-year renewal option and 3% escalation during renewal termCity of Rocky Mount cityMITCHELL, STEPHANIEMarch 23, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Rocky Mount plans to enter into a lease agreement with Stephanie Mitchell for City-owned property at 152 East Thomas Street at $572 per month for an initial two-year term. The agreement includes an additional two-year renewal option with a 3% rent escalation during the renewal period, pending required advertisement and final approval.

Contract Details

Contract Amount

$572 per month (2-year lease) with 2-year renewal option and 3% escalation during renewal term

Vendor

MITCHELL, STEPHANIE

Agency

City of Rocky Mount city, NC

Contract Type

FACILITIES

Document Date

March 23, 2026

Contract Term

Initial 2-year lease with an additional 2-year renewal option

Renewal Info

Initial two-year lease with one additional two-year renewal option that includes a 3% escalation in rent during the renewal term; agreement is subject to statutory advertising requirements under NCGS 160A-272 before final approval.

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