Notice of Intent to Lease Land City Council of the City of Charlotte will consider leasing approximately .72 acres of land for the purposes of surface parking owned by the City, located at 501 W. Trade St., and identified by parcel number 073-15-110 Mecklenburg County, NC. The Lessee, Pivot Parking LLC, proposes to operate commercial parking. The proposed term and annual lease payments are as follows: -Term: 12 months, with two 12-month option to renew -Base Rent: $44,167 per month ($530,004 per year) Notice is hereby given pursuant to NC General Statute §160A-272(a1) that the City Council of the City of Charlotte intends to consider authorizing the lease at its January 12, 2026 meeting, located in the Meeting Chamber at the Charlotte-Mecklenburg Government Center, 600 E. Fourth Street in Charlotte, NC 28202. Kelly Goforth, CATS City of Charlotte 600 E. 4th Street Charlotte, NC 28202 704-999-1994 IPL0297298 Dec 12 2025