City of Alexandria, Virginia
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MEMORANDUM
DATE: JUNE 8, 2016
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: MARK B. JINKS, CITY MANAGER /s/
DOCKET TITLE:
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Public Hearing on the Consideration of a Lease with the Northern Virginia Regional Park Authority for Cameron Run Regional Park.
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ISSUE: Consideration of a twenty-year lease with the Northern Virginia Regional Park Authority for the Cameron Run Regional Park.
RECOMMENDATION: That City Council hold a public hearing and authorize the City Manager to execute a twenty-year lease (Attachment 1) with the Northern Virginia Regional Park Authority (NOVA Parks) for the use of the Cameron Run Regional Park.
BACKGROUND: NOVA Parks currently operates the Cameron Run Regional Park as one of its regional recreational facilities. NOVA Parks is operating the facility on 26 acres of City-owned property under a 40-year lease that expires in 2021. NOVA Parks would like to make capital improvements to the park including a major investment in a new larger water slide and has requested an extension of its current lease.
At the same time, NOVA Parks expressed interest in acquiring the historic property at 517 Prince Street. This property, referred to as Murray's Livery, was built in 1772 and is considered to be one of the most original 18th century homes in Alexandria. An August 18, 2015 memo to City Council outlining the property and NOVA Parks' initial proposal is attached (Attachment 2). NOVA Parks initially requested a 30-year lease extension for the Cameron Run Park property in order to use the revenue from that property to finance a 30-year mortgage necessary to acquire 517 Prince Street. NOVA Parks owns and operates the historic Carlyle House property in Alexandria, as well as a number of other historic properties in Northern Virginia.
DISCUSSION: Staff has been in discussions wi...
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