Patriots Point Development Authority will meet in a special session at 10 a.m. today to discuss the lease for the proposed $100 million Medal of Honor Museum.
The board will go behind closed doors to discuss legal and contractual matters associated with the 115-page lease document. No other item is on the agenda.
The board is expected to approve the lease for 7.4 acres Patriots Point owns on the waterfront near its entrance for $1 per year for 99 years.
The proposed lease will then go to the Medal of Honor Museum Foundation for its approval by Feb. 15 before heading to the state Budget and Control Board in March, according to Mac Burdette, executive director of Patriots Point, a state agency.
The lease must be in place before the Medal of Honor Museum Foundation can begin raising money for the sweeping, multi-level architectural venue that could one day overlook Charleston Harbor.
Read more in upcoming editions of The Post and Courier.
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