City of Elizabeth City Minutes Budget Work Session 2026-04-20
City Continues Albemarle Theater BIP Lease Payments
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Description
Elizabeth City’s budget discussion confirmed continuation of lease payments for the BIP for Albemarle Theater, now entering year six of a ten-year obligation. The agreement remains unchanged within the Non-Departmental budget.
Contract Details
Vendor
BIP FOR ALBEMARLE THEATER
Agency
City of Elizabeth, NC
Contract Type
FACILITIES
Document Date
April 20, 2026
Contract Term
Year 6 of 10
Renewal Info
Ten-year lease/payment obligation currently in year six; no renewal or amendment discussed.
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