|March 7, 2002
I am writing to confirm a number of conversations
that we have had over the last few months about acquisition of a permanent
home for Charlotte Trolley.
Charlotte Trolley, Inc. does want to occupy, and
one day own, the Duke Power Barn at South Boulevard and Bland Street.
As you know, I have been having discussion with the
County and the City concerning the possibility of the County acquiring the
property, and then the City acquiring it from the County with a ledger
transaction, and then the City doing the upfit of the facility.
I have every reason to believe that this will
ultimately be successful.
In the meantime, if the Historic Landmarks
Commission acquires the property, and the City does the upfit, Charlotte
Trolley will expect to pay rent for the facility. I believe a
reasonable rent would be $3000 per month.
I understand that the Historic Landmarks Commission
will be taking this issue up on Monday March 11.
Unfortunately, as I told you, I will be out of town
and unable to attend. I hope to have other representatives of the
Trolley in attendance.
Please let me know if you have any questions.
Very truly yours,
Charlotte Trolley, Inc.
Jeffrey J. Davis