title
Resolution Approving an Interlocal Agreement with New Hanover County Regarding the Purchase of Park Property
body
Department:
City Manager
Meeting Date:
2/3/2026
Contact Name:
Becky Hawke
Public Hearing:
No
Contact Phone:
910-341-4658
Advertising Date/Advertised By:
N/A
Attachments:
Attachment #1: Resolution; Attachment #2: Interlocal Agreement; Attachment #3: Exhibit A - Letter 1; Attachment #4: Exhibit B - Letter 2
PURPOSE:
The purpose of this resolution is to approve an interlocal agreement ("ILA") with New Hanover County related to the purchase of park property.
BACKGROUND:
The City has identified properties located at 6325, 6335, 6341, and 6345 Greenville Loop Road ("Property") as suitable for acquisition to be developed as a City public park. On October, 7, 2025, City Council approved a resolution authorizing the City Manager to negotiate and enter into a purchase and sale agreement for the acquisition of future park property, earmarking $1,000,000 from the general fund for use toward any such acquisition. Subsequent to approval of that resolution, the City applied for and has been conditionally awarded a grant of $7,750,000 from the New Hanover County Endowment toward a purchase price of $9,750,000 for the Property. As a condition of the grant approval, the City and the County must agree to work together regarding certain aspects of the future park, including contributions of $1,000,000 each towards the purchase price, with the City being the sole deeded owner of the Property and agreeing to activate the park and be solely responsible for its future development and maintenance. Additional requirements are set out in greater detail in the ILA.
The County is also required, under the terms of the grant, to pass a resolution committing to the funding requirements and cooperation with the City on certain future aspects of the park. This resolution is conditioned upon that future approval by the County of the ILA and funding requirements. ...
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