Long-Term Lease for Amphitheater Property
The City of Winston-Salem is announcing an offer from WS Amphitheatre LLC to enter into a long-term lease of property owned by the City. The lease is for a term of thirty years at a rate of $1,000 per month for the first five years, with annual increases based on the Consumer Price Index (CPI). The estimated total lease consideration is $519,189.99, based on the initial rent and projected CPI …
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