HomeMy WebLinkAboutRES-2018-041 Resolution leasing property up to 10 yearsRES- 2018 -041
ORANGE COUNTY BOARD OF COMMISSIONERS
RESOLUTION LEASING PROPERTY UP TO TEN YEARS
Whereas, Orange County owns Suite 200 located at 501 West Franklin Street, Chapel
Hill, NC 27516, comprising approximately 800 conditioned square feet (the "Premises ");
and
Whereas, Immersion for Spanish Language Acquisition, Incorporated, a North Carolina
Corporation, desires to lease the Premises; and
Whereas, Immersion for Spanish Language Acquisition, Incorporated provides valuable
services to the citizens and residents of Orange County valued at $605 per month and
the lease and any renewal will reflect an in -kind payment; and
Whereas, Immersion for Spanish Language Acquisition, Incorporated supports the
Social Justice goals of the Board of Orange County Commissioners and wishes to
continue to grow its operation within Orange County; and
Whereas, North Carolina General Statute 160A -272 authorizes the lease of County -
owned properties for terms of up to ten years upon resolution of the Board of
Commissioners at a regular meeting after thirty days' public notice; and
Whereas, in consideration of the valuable services provided to the citizens and
residents of Orange County by Immersion for Spanish Language Acquisition,
Incorporated valued at $605 per month, the Board of Commissioners of Orange County
desires to lease the Premises to Immersion for Spanish Language Acquisition,
Incorporated, the required notice has been published and the Board of Commissioners
is convened at a regular meeting.
THEREFORE BE IT RESOLVED, that Board of County Commissioners hereby
approves the lease of the County property described above to Immersion for Spanish
Language Acquisition, Incorporated for a term of two years commencing July 1, 2018
with two potential and consecutive renewal terms of one year each, ratifies the signed
lease, and directs the execution, registration, and filing of all necessary instruments
accordingly.
This the 5th Day of June, 2098.
Mark Dorosin, C ai
Orange County Board of Commissioners