Town Council Special Meeting Summary - June 24, 2024

The Town Council held a Special Meeting on Monday, June 24, 2024 at 8:00 AM.  The meeting was held at the Lake Lure Municipal Center (Town Hall), located at 2948 Memorial Highway, Lake Lure, NC 28746. 

The meeting was open to the public. The following is a summary of the meeting for those who could not attend. Note that these are not formal minutes, which will be included in the following month's meeting packet.   

You may download the meeting packet for additional information. 

I. Call to Order: Mayor Pritchett called the meeting to order. 

II. Agenda Adoption: The agenda was adopted as written.

III. Consider Approval of Resolution No. 24-06-24 Consenting to Transfer of Lake Lure Tours, Inc.’s Concession Agreement

WHEREAS, the Town of Lake Lure has an active Concession Agreement with Lake Lure Tours; and

WHEREAS, Lake Lure Tours is selling its properties and operations to NC-III Ridgeline LL Tours, LLC; and

WHEREAS, the Concession Agreement states that Lake Lure Tours will agree not to subcontract, or assign, transfer, convey, sublet, or otherwise dispose of the Agreement, Lake Lure Tours’ obligations under the Agreement, or any or all of its right, title, or interest, without the Town’s prior written consent, which shall be given or denied in the Town’s sole discretion; and

WHEREAS, the Town desires to grant permission to Lake Lure Tours to transfer its obligations under the Concession Agreement to Ridgeline Investment Partners.

NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF LAKE LURE, NORTH CAROLINA:

SECTION ONE. The Town of Lake Lure hereby grants permission to Lake Lure Tours to transfer its obligations under the Concession Agreement to NC-III Ridgeline LL Tours, LLC.

SECTION TWO. This resolution shall be effective upon adoption.

Resolution No. 24-06-24 Consenting to Transfer of Lake Lure Tours, Inc.’s Concession Agreement was approved.

IV. Adjournment: The meeting was adjourned.