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Q4 Quarterly_2.1.17

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The Jones House - Update Five proposals were submitted and one proposal was selected to work towards negotiation. Part of the negotiation involves assessing changes to the house (orientation of restroom doors, for example) to determine if draft lease terms can be reached before bringing the selection to Council for approval. Downtown Events Life Pumpkin Carve Over 500 people attended the event and carved over 200 pumpkins. Heart of the Holidays Featured a gingerbread house contest, with 11 downtown businesses hosting the houses for display. The event also included 23 gifting trees lining Academy Street and over 650 letters to Santa were handwritten and mailed to Cary children. The lease with Cofounders Capital Management LLC was renewed. Stats from the first year include: 46 Events hosted 96 Hours of consulting services to the Town 11 Invested in local start-ups $2.5m Deployed and leveraged an additional $27m Drone photo taken from Downtown Cary Fall Festival

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