Organizations will sign a 40-year ground lease that includes a 40-year renewal with an annual rent of $1 per year. This gives the organization the right to construct and operate a chapter house on a specific lot within the Greek Village. The lease will be with the State of North Carolina; NC State University will be the state agency that administers it. The lease will be approved by the NC State administration, NC State Board of Trustees, UNC Board of Governors, State Department of Administration Real Estate unit, and the Council of State. Leases will be signed by the Governor for the State of North Carolina and by the appropriate House Corporation officers for the organization. Important provisions of the lease are listed below.

1. Billing through University Cashier’s Office: All student billings including room, board, and parlor fees will be processed through the University Cashier’s Office. Students who do not pay their bills according to University policies will have their class registration put on hold. The Department of Greek Life will disburse receipts to the House Corporation per the schedule outlined in the lease after withholding the appropriate funds for House Director compensation, administrative fee, community fee, and trash removal.
2. NC State Campus Police and Fire Protection jurisdiction: NC State Campus Police and Fire Protection will have legal jurisdiction for these facilities. The house must have a specific lockbox placed on the outside of the facility accessible to these units in the event they must enter the building with cause. Fire Protection will have jurisdiction for all fire safety inspections and life safety issues. The fire alarm and sprinkler systems will be installed to the same specifications found in all student housing at NC State. The systems will be inspected and maintained by the University and the House Corporation will pay all costs. NC State Campus Police will monitor the fire alarm system and will dispatch police, fire, EMS, and/or maintenance staff as needed at any time.
3. University Policies, Rules, and Regulations: All University Policies, Rules and Regulations will apply in the Greek Village.
4. Staff supervised by the Department of Greek Life: Each chapter house will have a full-time house director or graduate house director hired collaboratively by the House Corporation and the Department of Greek Life. Greek Life will work with each House Corporation to establish a specific set of expectations for their resident staff. The staff will be employees of the University, with commensurate benefits. The estimated annual salary for a full-time house director is $20,000 plus benefits.
5. Trash Removal: Each house will have a trash dumpster and recycling bins. Service will be administered by the University and billed to each House Corporation at cost.
6. Landscaping, parking, roads, and common amenities: Each organization will be responsible for the upkeep of their lot, including any landscaping, patios, and walkways inside the lot. The University will maintain all parking lots, streets, public sidewalks, common areas, and common facilities.