Town of Chapel Hill Meeting Agenda 2026-06-10
Council Weighs 99-Year Ground Lease with CASA
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Description
The Chapel Hill Town Council will consider authorizing a 99-year ground lease with CASA for the Horizons building in the Homestead Gardens Affordable Housing Development. The action would authorize the Town Manager to execute the lease, with financial details to be finalized in the full contract.
Contract Details
Vendor
CASA
Agency
Town of Chapel Hill, NC
Contract Type
FACILITIES
Document Date
June 6, 2026
Contract Term
99-year ground lease
Renewal Info
Initial proposed term is a 99-year ground lease; any renewal or extension terms are not described in the agenda.
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Town of Chapel Hill Town Council Meeting Agenda 2026-06-10
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