Item Coversheet

ROWAN COUNTY
A COUNTY COMMITTED TO EXCELLENCE

130 West Innes Street - Salisbury, NC 28144
TELEPHONE: 704-216-8180 * FAX: 704-216-8195

 

MEMO TO COMMISSIONERS:

FROM:
Jody Farrow-Bennett; Purchasing Director
DATE:
10/17/2022
SUBJECT:
Badcock Home Furniture Lease Renewal

Badcock Corporation would like to renew a lease agreement with Rowan County. Tenant is Currently residing at the West End Plaza, 1935 Jake Alexander Blvd. West, Suite C-9. Bedcock entered into a lease agreement on March 3, 2013. Within the original document, options were listed for renewal. Page 3 Breaks down the payment options listed for year 11-15; stating a monthly payment of $11,458.33. The first option term would commence on April 1, 2023 and terminate on March 31, 2028.

Board of Commissioners to approve lease renewal for Tenant's, Badcock Home Furniture & More and authorize County Commissioner to sign renewal notice.



ATTACHMENTS:
DescriptionUpload DateType
Badcock Renewal Letter9/9/2022Cover Memo
Badcock Original Lease9/9/2022Cover Memo