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Lease Agreementapproved

town-of-raleigh-meeting-minutes-2025-04-15_f1e.pdf

New Operating agreement and sublease for Raleigh Museum

$523,628Town of RaleighCITY OF RALEIGH MUSEUMApril 15, 2025

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

Description

Authorization for City Officials to execute sublease agreement and operating agreement for the City of Raleigh Museum. The lease runs until June 30, 2029, with Parks responsible for paying $10,587 per month, with a 2% escalator each year.

Contract Details

Contract Amount

$523,628

Vendor

CITY OF RALEIGH MUSEUM

Agency

Town of Raleigh, IL

Contract Type

Lease Agreement

Document Date

April 15, 2025

Contract Term

4 years

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