| Notwithstanding Union Square Campus, Inc. (Landlord) and NCA&T and UNC-G (Tennant) leases were not approved by the State Property Office nor pursuant UNC President delegated authority. Public Record document allege University Chancellors claimed to be duly authorized to execute leases on behalf of the corporation which were catalyst for fraudulent conveyance of land, improvements, loans, and lease fees to Union Square Campus, Inc. | ||||
Union
Square Campus a key initiative of Opportunity Greensboro, a working group of
leaders from Greensboro businesses, foundations and higher education
institutions. Who claim this national model of collaboration is identifying and
acting on opportunities to transform our wealth of educational assets
into economic success—creating for Greensboro a competitive advantage
for business growth. The proposed campus is designed to drive economic
and workforce development for a knowledge based, global economy. The
presence of a downtown university campus provides a vehicle to spur
additional economic growth in the way of housing, retail stores and ther
opportunities. Training and education for healthcare professions –
primarily nursing -- will comprise the first phase of Union Square
Campus, with these initial key stakeholder/tenants: UNCG, NCA&T, GTCC,
and Cone Health. |
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DEVELOPER’S OBLIGATIONS FOR DEVELOPMENT
OF AND IMPROVEMENTS TO PROPERTY The
schedule for the project, subject to receipt of all anticipated sources
of funding, proposes construction beginning in early 2015 and completion
and opening of the first building of the campus in the summer of 2016.
The City Council herby directs the City Manager and staff, working with
the organizers of Union Square Campus, the Redevelopment Commission and
Master Developer, to develop a funding methodology that utilizes current
and anticipated revenues from existing City revenue sources to help
support the following items: Provide up to 2 acres of land within the
site and 250 parking spaces (surface or as part of a deck to service
multiple users) at no cost to the Campus and, provide up to $500,000
toward site development, other infrastructure, and construction costs.
In addition, the City Manager and staff are directed to begin
development of a plan to enhance the street scape in the vicinity of the
site. |
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University of North Carolina Lease Approval Process November 7, 2013 University leasing review and approval involves many parties: · Chancellor · Campus Boards of Trustees · UNC General Administration · UNC Board of Governors · NC Department of Administration State Property Office · Council of State The entities that must approve a lease differ depending on the campus, the annual rent of the lease, the sources of BOG authority, and the term of the lease. |
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April 14, 2014 Charles Perusse, Chief Operating Officer, the University of North Carolina General Administration Dear Chancellor Martin: On April 11, 2014, the Board of Governors of The University of North Carolina approved the following:
CC: Mr. Robert Pompey |
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April 14, 2014 Charles Perusse, Chief Operating Officer, the University of North Carolina General Administration Dear Chancellor Brady:
Cc: Reade Taylor |
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ANNUAL REPORT OF THE COMMITTEE ON BUDGET AND FINANCE TO THE BOARD OF GOVERNORS OF THE UNIVERSITY OF NORTH CAROLINA July 1, 2013 through June 30, 2014. Note: The UNC Policy Manual, Section 302 E of The Code, “Each standing committee shall make a written report to the Board of Governors at least annually, reviewing the work of the committee during the preceding year.” All property transactions other than leases, of $250,000 or more, require approval of the Board and, therefore, action by the Committee on Budget and Finance unless approved under the President’s delegation up to $500,000. Upon the approval of the Board, the committee staff forwards such items to the Council of State for final action, emphasis added. Note: (President) Authority to approve acquisition or disposition of an interest in real property, other than a lease, for an amount of at least $50,000 but less than $500,000 (§§600.1.3 and 600.1.4[R]). Lease transactions in excess of $150,000 for campuses without delegated authority require approval of the Board. Lease costs will be at market rate, subject to approval by the State Property Office, and accomplished within the guidelines, procedures, and policies of the North Carolina Department of Administration, emphasis added. The following property transactions were recommended for approval: Acquisition of Space by Lease (April 10, 2014): NCA&TSU and UNCG had requested approval to acquire space by lease as part of a public-private partnership involving a private developer, Cone Health, Guilford Technical Community College, the City of Greensboro, and other institutions. The space would house expansion of the university nursing programs, community college nursing programs, and training facilities for Cone Health.
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ANNUAL REPORT OF THE COMMITTEE ON BUDGET AND FINANCE TO THE BOARD OF
GOVERNORS OF THE UNIVERSITY OF NORTH CAROLINA July 1, 2013 through June
30, 2014, did not indicate Acquisition of Space by Lease NCA&T and UNCG
was approved pursuant alleged President delegated authority.
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The Department of Administration § 143-341(4) (a) has
the following powers and duties: To prepare and keep current a complete
and accurate inventory of all land owned or leased by the State or by
any State agency. UNC Regulations on Required Clearances for Real
Property Transactions , ( 5)
Pursuant Public Record Request for latest inventory of state agency leased facilities in Guilford County to State Property Office. Request reply Inventory lack of Union Square (UNSI) (landlord) NCA&T and UNC-G (tenant (s)) leases indicate leases did not lawfully exist. |
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SALE AND DEVELOPMENT AGREEMENT |
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(b)
Financial Responsibility. The Component Developer shall provide, prior
to commencement of construction of any Improvements, such documentation
as may be required by the Commission to evidence the projected
construction costs and the Component Developer’s financial ability,
through capital contributions, grants, loans or otherwise, to complete
the Improvements in accordance with this Agreement. PROPERTY
DESCRIPTION. The property that is the subject of this Agreement consists
of approximately [1.00 acres] at the southwest intersection of Arlington
Street and East Lee Street in the City of Greensboro, North Carolina. |
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Public record documents allege, UNCG Chancellor Linda P. Brady, January 14th 2014, signed Lease Agreement between Union Square Campus, Inc. (Landlord) and The University of North Carolina Greensboro (Tenant) location Union Square Campus, Corner of Lee Street and Arlington Street, Greensboro NC, preceding submission April 10, 2014 to UNC Board of Governors. |
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Note: On Thu, Nov 20, 2014 Michael Byers wrote: Hello Charles! You probably received a lease document from Brooks Skinner about a month ago that was GA's acceptable lease document and asked for your comments and Imogen's comments. On Imogen's behalf, I have taken Imogen's suggested revisions, all of which would be relevant to A&T's documents as well, and applied them to your version for your consideration. I have attached that document in markup with Imogen's suggestions with her, do so and just let me know what the two of you decide. I'd like to send the two revised leases back to Brooks Skinner and others as UNC-GA so that we can be in position to allow the Chancellors to execute the documents in early December, emphasis added. Mike |
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| BYLAWS OF THE BOARD OF TRUSTEES OF NORTH CAROLINA AGRICULTURAL AND TECHNICAL STATE UNIVERSITY: Any proposal involving the acquisition or disposition by the institution of any interest in real property shall be recommended by the Board of Trustees and must be approved by the Board of Governors; provided that if the proposal involves an interest in real property that is valued at less than $50,000, the Board of Trustees may authorize such transaction and proceed to obtain the necessary approvals from appropriate State officials and agencies. Regulations on Required Clearances for Real Property Transactions 4. All real property instruments are to be entered into in the name of the State of North Carolina, not the constituent institution, regardless of whether signed by the Governor, the chancellor, or some other official. | ||||
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Unambiguous Acquisition of Space by Lease Union Square Campus, Inc. (Landlord) and NCA&T and UNCG (Tenants) leases were not approved by the necessary State officials and agencies and were not in the name of the State of North Carolina. |
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