The proposed lease would last for a term of 99 years and would cost the museum $1 a year until the museum is built, then the lease payments would go up to $45 dollars a month.
Cheyenne, WY (KGWN) - The Cheyenne City Council Finance Committee voted 3-0 in favor of the lease proposal put forth by the Children's Museum of Cheyenne. However, it could be a tough vote next Monday for that proposal.
Councilmen Jim Brown said that while he supports the construction of the museum he has some hesitations with current lease proposal. The proposal contains a clause calling for the city to sell the portion of land the city owns to the museum for $1.00 if the city doesn't raise enough funds for its part of the museum by 2017.
"...basically what the lease says is that if we don't acquire the proper funding to build the core within a certain amount of time we will sell our portion, or the 22 feet by 75 feet or whatever, or the core area, to the children's museum for one dollar. That goes against state statute, we can't be selling public land for a dollar to anyone."
While the proposal might have a tough road ahead, museum officials were pleased with the results of todays meeting and look forward to meeting with city officials in the next week to iron out any issues with the current lease proposal.
"...there's just some questions that I think we can all work out in this next week. I think that a timeline is amazing to get things done, it really gets people to the table to get things done and I have no doubt that we're going to reach an amicable solution for everybody."
While the 99 year lease still has some hurdles, the idea of the Children's Museum going into "the hole" downtown still has lots of support. The DDA is on board as well as Mayor Kaysen. Cheyenne residents are also excited to see something finally happen with that property. Margy White says, "I'm very much in favor of it, i'm very excited. i think it will be wonderful because this really is an eyesore."
The city council will meet on Monday, June 23rd at 6:00 PM to vote on the lease proposal.