HomeMy WebLinkAbout2025-198-E-AMS- 1000 Corporate Drive-Lease Agreement for County Attorneys Office at 1000 Corp Drive
SECOND AMENDMENT OF LEASE
THIS SECOND 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, as amended and/or modified that certain Amendment of Lease
having an effective date of February 22, 2023 (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 further 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 three (3) years
commencing on May 1, 2025, and ending at midnight (local time) on April 31, 2028, unless sooner
terminated as provided in the Lease.
3. Rent. Commencing on May 1, 2025, 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 $52,862.88,
payable in equal monthly installments in the amount of $4,405.24 each, in advance, on the first day of
each month commencing on May 1, 2025. Commencing on May 1, 2026, 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 $54,448.80, payable in equal monthly installments in the amount of $4,537.40 each, in
advance, on the first day of each month commencing on May 1, 2026. Commencing on May 1, 2027,
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 $56,082.20, payable in equal monthly installments in the
amount of $4,673.52 each, in advance, on the first day of each month commencing on May 1, 2027, and
continuing thereafter for the remainder of the Term.
4. 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.
5. 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.
Docusign Envelope ID: AEDFFFC1-FCCC-41C3-A02A-FFF91217BB68
-2-
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: ____________________________ (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: __________________________
Docusign Envelope ID: AEDFFFC1-FCCC-41C3-A02A-FFF91217BB68
5/14/2025
5/22/2025
Revised 01/24
1
ORANGE COUNTY—INTERNAL USE ONLY
______________________________________________________________________________
Finance Information
Vendor Name: 1000 Corporate Drive Vendor Contact Person: James Parker Phone: 919-732-3883 Address: 1901
Hillandale Rd Suite 100 City Durham State: NC Zip: 27705 Department: AMS Amount: $52,862.88 ($4405.24
per month May 2025-May 2026) $54,448.80 ($4,537.40 per month May 2026-May 2027) $56,082.20 ($4,673.52 per
month May 2027-therafter) Purpose: Lease Agreement for County Attorneys Office at 1000 Corp Drive Budget
Code(s): 10240320-580000 Vendor # 64633
Vendor Status with NCSOS: Vendor is a BOCC consultant: Yes No
Contract Details
Contract Type: New Amendment (Original Contract: ) (Most Recent Amendment )
Effective Date 05/01/2025 End Date 04/31/2028 Notice Date (Notice Purpose )
Award
Approved by Board (Agenda Date: ); Made or Administered by AMS
Signature Authority
- BOCC Express Delegation (Agenda Date: )
- Policy 9.4: Under $5,000; Service Under $90,000; Construction Under $250,000
- Budget Policy Section XV (Capital Improvement Project: )
Bidding
Informal Bidding ($30k-$90k); Formal RFP ($90k+); Other (<$30k); Exception(# )
Department Affirmation
This agreement is approved as to technical form and content and I as Department Director affirmatively state work
on this project has not been initiated prior to execution of the agreement.
This agreement is approved as to technical form and content . Services related to this agreement have already
begun or been completed. Description of the nature of the emergency condition that was addressed:
Department Director’s Signature ________________________________________ Date: ________
Information Technologies
This agreement has been reviewed and is approved as to information technology content and specifications:
Office of the Chief Information Officer___________________________________ Date: ________
Inapplicable because no hardware/software purchases or related services
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
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:
Received for record retention:
Docusign Envelope ID: AEDFFFC1-FCCC-41C3-A02A-FFF91217BB68
5/13/2025
5/19/2025
5/22/2025
5/22/2025
Revised 01/24
2
Office of the Clerk to the Board __________________________________________Date:_________
Docusign Envelope ID: AEDFFFC1-FCCC-41C3-A02A-FFF91217BB68