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City of Fayetteville
File #: 25-4656    Version: 2 Name:
Type: Consent Status: Agenda Ready
File created: 5/19/2025 In control: City Council Regular Meeting
On agenda: 6/9/2025 Final action:
Title: Authorize the City Manager, upon legal approval, to amend the ground lease with the Airborne and Special Operations Museum Foundation
Attachments: 1. CITY AMENDED GROUND LEASE 2004.pdf, 2. ASOM request for receipt payment relief.pdf, 3. 2005 Building Proffer.pdf, 4. Gen. Lindsay Proffer Letter Building to Army.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO:                                            Mayor and Members of City Council

THRU:                      Dr. Douglas J. Hewett City Manager, ICMA-CM

 

FROM:                     Jeffrey Yates, Assistant City Manager

Adam Lindsey, Assistant City Manager

 

DATE:                      May 27, 2025

 

RE:

Title

Authorize the City Manager, upon legal approval, to amend the ground lease with the Airborne and Special Operations Museum Foundation                     

end

 

COUNCIL DISTRICT(S):                      

Council District(s)

District 2                     

 

 

b

Relationship To Strategic Plan:

Goal IV: The City of Fayetteville will be a highly desirable place to live, work and recreate.

Goal V: The City of Fayetteville will be a financially sound city providing exemplary city services.

 

 

Executive Summary:

The City, starting in 2000, leases the land to the Airborne and Special Operations Museum (ASOM) Foundation. The land that is leased is currently the location of the ASOM. As part of this agreement, and as consideration for rent, the ASOM Foundation pays 2% of the gross sales from operations, including gift shop, simulator, and theater. This amounts to about $3,000 to $5,000 annually. The ASOM Foundation requests that the City Council amend the lease and eliminate the 2% requirement, in an effort to reduce the operating cost.

 

Background: 

See Summary

 

 

Issues/Analysis: 

The City receives about $3,000 to $5,000 annually from this agreement. The loss of revenue will not have a significant impact, but may help improve the operations at ASOM.

 

 

Budget Impact: 

$3,000 - $5,000 Annually

 

 

Options

Authorize the City Manager to execute an amendment, as discussed, to the current ground lease, upon approval of the City Attorney. Or direct staff to another course of action.

 

 

Recommended Action: 

Authorize the City Manager to execute an amendment, as discussed, to the current ground lease, upon approval of the City Attorney.

 

 

Attachments:

1.                     2004 Amended Ground Lease

2.                     ASMO Request for Relief

3.                     2005 Building Proffer

4.                     Gen. Lindsay Proffer Letter Building to Army