City Renews Long-Term Chavis Park Lease With State
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Description
Raleigh proposes a new 30-year lease with the State of North Carolina for three parcels at Chavis Park at a rate of $50 per year. The agreement ensures continued use of the land for public park, recreation, and greenway purposes.
Contract Details
Contract Amount
$50 per year for 30 years
Vendor
STATE OF NORTH CAROLINA
Agency
Raleigh Water, NC
Contract Type
FACILITIES
Document Date
May 5, 2026
Contract Term
30-year lease term
Renewal Info
New 30-year lease replacing an earlier 1974 lease that had terminated; lease calls for nominal rent of $50 per year for the term.
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