HomeMy WebLinkAbout1998 NS Lease renewal - Community School for People Under Six. 3
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LEASE AGREEMENT
RENEWAL
NORTH CAROLINA
ORANGE COUNTY
WHEREAS, a lease agreement was made and entered into as of the 15th day of
November, 1983, by and between Orange County, LESSOR and the Community School for
People Under Six, TENANT, for space to be used as a Day Care Center at the Southern Human
Services Center, Chapel Hill, NC;
WHEREAS, the LESSOR and the TENANT wish to renew the lease agreement as
amended;
NOW,THEREFORE, LESSOR and TENANT mutually agree to the following:
1. The lease agreement will be continued for a period of five years commencing on July 1,
1998 and ending at 12:00 midnight on the day of June 30, 2003.
The Tenant shall have the right to renew the lease for one additional five year term,
provided the Northside Community Center remains a viable County facility.
2. Section 3, "Utilities"shall be modified to read as follows:
Utilities:
In the event TENANT's funding source will reimburse TENANT for utilities at the leased
facility, the TENANT shall pay for the electricity and fuel for heat based on the following
formula:
Total square footage used by TENANT
Divided by total usable square feet of the building where property is located
Times the amount of electricity and fuel for heat bills received the COUNTY during the
term of this lease for the building where the leased property is located. The COUNTY
shall send the TENANT on a timely basis a statement itemizing such utility charges.
Payment shall be due to the COUNTY within thirty (30)days of the date on such
statements. The COUNTY shall pay for all water and sewer charges.
3. All other terms and conditions will remain the same.
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This agreed to the day of 11998.
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COUNTY OF ORANGE
BY:
Margaret W. Brown, Chair
Orange County Board of Commissioners
ATTEST:
Beverly A. Blythe, Clerk to the Board
Community School for People Under Six
By:
Printed Name and title
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Witness:
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