Incline Village General Improvement District Board of Trustees to address Parasol proposal at Sept. 26 meeting | SierraSun.com

Incline Village General Improvement District Board of Trustees to address Parasol proposal at Sept. 26 meeting

Staff Report
editor@sierrasun.com

The Incline Village General Improvement District Board of Trustees is scheduled on Tuesday, Sept. 26, to address a proposal to modify a lease arrangement with Parasol Tahoe Community Foundation for the Donald W. Reynolds Community Non-Profit Center.

The discussion comes on the heels of an opinion, issued by the law firm of Holland & Hart of Reno, that apparently left IVGID with two options: Either maintain the "status quo under the terms of the existing lease, or negotiate the formal acquisition of the building from Parasol" at a value deemed reasonable when considering other factors.

The meeting starts at 6 p.m. at the Chateau, 955 Fairway Blvd., Incline Village.