WCPSS--Board of Education

OPEN SESSION

CALL TO ORDER - 12 P.M.

QUORUM DETERMINATION

APPROVAL OF MEETING AGENDA

ACTION ITEM

FACILITIES

1. RESOLUTION PERTAINING TO LEASE FOR ADMINISTRATIVE SPACE

The Board of Education approved a lease for approximately 175,000 square feet of
office space in the Crossroads I and II buildings on May 4, 2010 and the Board of
Commissioners approved that lease on June 21, 2010. The lease is scheduled to be
considered by the Local Government Commission (LGC) at its meeting on July 5,
2010. As a condition of consideration, the LGC in accordance with G.S. 159.151
requires that the Board of Education pass a resolution addressing four specific
assurances. The Wake County bond counsel has prepared the attached resolution. Fiscal
Implications: This proposed resolution will have no fiscal impact beyond the lease terms.
Recommendation for Action: Board approval of the attached resolution is recommended.

ADJOURNMENT

Meetings will be held in the Administration Building, 3600 Wake Forest Road, Raleigh, NC unless otherwise indicated.