Wake County, RDU agree to annual lease for land near Lake Crabtree
Posted October 15, 2014
Updated October 20, 2014
Morrisville, N.C. — Representatives of Raleigh-Durham International Airport have agreed to renew a lease that gives Wake County control over land owned by the airport authority near Lake Crabtree County Park.
The county Board of Commissioners approved the lease Monday afternoon.
The airport authority owns the 33-acre park, southeast of the airport between Interstate 40 and Aviation Parkway, and about 150 acres nearby that include popular bike trails.
Both are leased to the county at cost for public use. The county lease for the park extends until 2025, but the airport wanted to renegotiate the term of the lease for the surrounding property.
Airport spokeswoman Mindy Hamlin said the new deal would have an annual renewal through 2025, giving the airport authority more flexibility.
"There was a lot of interest in this, in making sure everyone had the right information and trying to convey that we're working on this and we're trying to work it out," said Chris Snow, director of Wake County Parks, Recreation and Open Space.
The lease includes a clause that allows either side to terminate the lease at the end of each year with a 45-day notice.