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Albany County ratifies estoppel certificate tied to long-running Laramie care center lease
Summary
County officials ratified a ground-lease estoppel certificate requested by the buyer of the Laramie care center, confirming the county has no mortgages or additional lessee obligations beyond a nominal annual payment and that the lease term extends into 2079.
Albany County commissioners on Oct. 7 ratified a ground-lease estoppel certificate requested by the buyer of the facility operating on county land where the Laramie care center is located.
County staff explained the property was originally leased on June 24, 1964, and that the lease has been extended several times; staff said the lease currently runs through 2079. The estoppel certificate was presented to confirm that the county has no…
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