BOARD OF COMMISSIONERS
NOTICE OF INTENT TO LEASE REAL PROPERTY
Notice is hereby given in accordance with NCGS 160A-272, that the Burke County Commissioners will consider a 25-year lease agreement for 12.5 – 15 acres of real property located at Lake James, 1025 Eagle’s Nest Way in Morganton at a recessed meeting on May 4, 2021 at 4 p.m. At his own cost, the developer will construct 15-30 glamping structures on the property, in addition to installing an access road, parking, a dock and utilities. The County will receive an annual rent of $5,000, paid monthly, and 3 percent of the gross rental sales once the third (3rd) glamping structure is constructed. The County will also receive $1,000 annually for each additional structure that opens for rental.
Notice given this 23rd day of March 2021.