HomeMy WebLinkAbout2023-092-E-AMS-1000 Corp Drive LLC West and Woodall Real Estate-Lease agreement for County Attorneys office at 1000 Corp DriveAMENDMENT OF LEASE
THIS AMENDMENT OF LEASE ("Amendment") is made and entered into effective
as of the Date of Amendment (as hereinafter defined) by and between and between 1000 CORPORATE
DRIVE, LLC, a North Carolina limited liability company (“Landlord”); and ORANGE COUNTY,
NORTH CAROLINA, a body politic and corporate and a political subdivision of the State of North
Carolina (“Tenant”).
Recitals
Landlord and Tenant have made and entered into that certain Commercial Lease Agreement
having an effective date of April 3, 2020 (the "Lease"), pursuant to which Landlord leased to Tenant, and
Tenant leased from Landlord, certain premises located at 1000 Corporate Drive, Suites 401 and 402,
Hillsborough, Orange County, North Carolina 27278.
Landlord and Tenant now desire to amend and/or modify the Lease as provided below.
NOW, THEREFORE, for and in consideration of the Lease, the terms, covenants and conditions
set forth below and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto covenant and agree as follows:
1. Definitions. Unless otherwise expressly defined herein, all terms defined in the Lease shall
have the same meanings in this Amendment as are ascribed to them in the Lease.
2. Extension of Term. The term of the Lease is hereby extended for a period of two (2) years
commencing on March 1, 2023, and ending at midnight (local time) on April 31, 2025, unless sooner
terminated as provided in the Lease.
3. Rent. Commencing on March 1, 2023, Tenant shall pay to Landlord or Landlord’s
designated agent, without demand, deduction or set off, annual rent for the Premises in the amount of
$49,828.32, payable in equal monthly installments in the amount of $4,152.36 each, in advance, on the
first day of each month commencing on March 1, 2023. Commencing on March 1, 2024, Tenant shall
pay to Landlord or Landlord’s designated agent, without demand, deduction or set off, annual rent for
the Premises in the amount of $51,323.16, payable in equal monthly installments in the amount of
$4,276.93 each, in advance, on the first day of each month commencing on March 1, 2024, and
continuing thereafter for the remainder of the Term.
Unless and until Landlord shall otherwise notify Tenant, in writing, all rent, additional rent and
other charges, if any, due and owing pursuant to the terms of this Lease shall be (a) paid in cash or by
personal or business check, official bank check, money order or other form of certified check made
payable to Landlord, or order, and (b) delivered to the following address on or prior to the first day of
each month during the Term (unless another due date is expressly specified in this Lease):
West & Woodall Real Estate
1901 Hillandale Road, Suite 100
Durham, NC 27705
4. Notices to Landlord. All notices and statements required or permitted by the Lease to be
given to Landlord shall be deemed sufficiently given and delivered when made in writing and (a)
personally delivered to the parties or delivered by next day courier service (i.e. FedEx, UPS, etc.), or (b)
delivered by the United States Postal Service via certified mail, return receipt requested, postage
DocuSign Envelope ID: AD0F1107-C7C5-4A02-96B9-38AC396D2297
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prepaid and addressed to Landlord at the following address, or (c) delivered by electronic mail (email)
to Landlord at the following email address:
1000 Corporate Drive, LLC
c/o West & Woodall Real Estate
1901 Hillandale Road, Suite 100
Durham, NC 27705
Email: chris@westandwoodall.com
5. Date of Amendment. When and as used herein, “Date of Amendment” shall mean the date
as of which both Landlord and Tenant shall have executed this Lease as indicated below.
6. Effect of Amendment. Except to the extent expressly amended and/or modified herein, all of
the terms, covenants and conditions contained in the Lease shall remain in full force and effect. To the
extent any term, covenant or condition contained in this Amendment conflicts or is inconsistent with any
term, covenant or condition contained in the Lease, the term, covenant or condition contained in this
Amendment shall be paramount and controlling and the Lease shall be construed consistent therewith.
IN WITNESS WHEREOF, each of the parties has caused this Amendment to be duly executed
effective as of the day and year indicated below.
LANDLORD:
1000 CORPORATE DRIVE, LLC,
a North Carolina limited liability company
By: Hillsborough Holdings, LLC,
a North Carolina limited liability company, its Manager
By: ____________________________ (Seal)
James W. Parker, Jr., Manager
Date: __________________________
TENANT:
ORANGE COUNTY, NORTH CAROLINA,
a body politic and corporate and a political subdivision of the State of North Carolina
By: ____________________________ (Seal)
____________________________, County Manager
Date: __________________________
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Revised 06/21
ORANGE COUNTY—DEPARTMENT USE ONLY
______________________________________________________________________________
Party/Vendor Name: 1000 Corp Drive, LLC c/o West & Woodall Real Estate Party/Vendor Contact Person: James
Parker Contact Phone: 919-732-3883 Party/Vendor Address: 1901 Hillandale Rd Suite 100 City Durham State:
NC Zip: 27705 Department: AMS Amount: $ 49828.32 ($4152.36 per month March 2023-March 2024) $51323.16
($4276.93 per month March 2024-therafter) Purpose: Lease Agreement for County Attorneys Office at 1000
Corp Drive Budget Code(s): 10240320-580000 Vendor # 64633 (N/A if new vendor) Vendor is a BOCC
consultant? Yes No Contract Type: (Check one) New Renewal Amendment Effective Date
Approved by Board Yes No Agenda Date: --- For Section XIV. c. contracts only, Approved by Board in
Current FY Budget Yes No
This agreement is approved as to technical form and content and I as Department Director affirmatively state wo rk on
this project has not been initiated prior to execution of the agreement:
Department Director’s Signature ________________________________________ Date: ________
Agreements for emergency services or repair are not subject to the above affirmatio n. If services related to this
agreement have already begun or been completed please briefly describe the nature of the emergency condition that
was addressed:
Information Technologies
(Applicable only to hardware/software purchases or related services) This agreement has been reviewed and is
approved as to information technology content and specifications:
Office of the Chief Information Officer___________________________________ Date: ________
Risk Management
This agreement is approved for sufficiency of insurance standards, specifications, and requirements:
Office of the Risk Management Officer___________________________________ Date: _________
Financial Services
This instrument has been pre-audited in the manner required by the Local Government Budget and Fiscal Control Act:
Office of the Chief Financial Officer ____________________________________ Date: _________
Legal Services
This agreement is approved as to legal form and sufficiency:
Office of the County Attorney __________________________________________Date: ________
Clerk to the Board
Received for record retention:
All Docusign contracts must be copied to the Clerk upon completion: occlerkdocs@orangecountync.gov
The following signature block is for hard copies only and is not required for Docusign contracts:
Office of the Clerk to the Board __________________________________________Date:_________
DocuSign Envelope ID: AD0F1107-C7C5-4A02-96B9-38AC396D2297
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