Perry Road Land Exchange

At a glance

• What: an amendment to the Town's land exchange agreement with ACRE Manager LLC on Perry Road that extends the term and increases the additional compensation owed to the Town (RES-2026-046, CONT-2026-064).
• Where it stands: approved on the May 28, 2026 consent agenda, 4-0, authorizing Town Manager Vosburg or a designee to sign (Gray absent).
• Next: none recorded.

See Consent Agenda Spending Concerns for objections to approving this item on consent.

Sources

• Town Council regular meeting minutes, May 28, 2026 (approved June 23, 2026): https://www.apexnc.org/DocumentCenter/View/54042/Combined-2026-Meeting-Minutes-Approved-TOA---January-through-partial-March

Log

2026-05-28 - Town Council Meeting

Consent item CN1; approved 4-0.