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STATE OF NORTH CAROLINA <br />COUNTY OF ORANGE LEASE AGREEMENT RENEWAL <br />THIS LEASE AGREEMENT RENEWAL made on the 1st day of June, 1999 by and between James P. <br />Lilley d/b/a Jim Lilley Properties, 501 West Franklin Street, Suite 106, Chapel Hill, North Carolina, <br />hereinafter referred to as Tenant and Orange County, a politic subdivision of the State of North <br />Carolina, Post Office Box 8181, Hillsborough, North Carolina, hereinafter referred to as "County". <br />WITNESSETH: <br />WHEREAS, a lease agreement was made and entered into as of the 1st day of June, 1997, a copy of <br />which is attached as Exhibit A, between the County and Tenant; <br />WHEREAS, County and Tenant desire to renew the lease agreement and amend it; <br />NOW THEREFORE, County and Tenant mutually agree to the following: <br />Section 3 of Exhibit A shall be modified to read: <br />2 <br />(a) This lease shall commence on June 1, 1999 and shall continue for a term of one year, <br />which ends on May 31, 2000, both dates inclusive, unless sooner terminated as herein provided. <br />2. Section 2 (b) shall be modified to read: <br />(b) The Tenant agrees to pay the County without demand at its office, or at such other <br />place or places as County may from time to time designate in writing, the following rents and <br />taxes for the aforementioned Premises for the term of this lease: <br />Base rent: $735 per month; $8,820 annually; <br />Taxes: $ 67 per month; $ 804 annually, subject to requirements pursuant to <br />Section 3(c) of Exhibit A as modified below. <br />3. All other terms and conditions of Exhibit A shall remain the same. <br />This the day of , 1999. <br />Tenant: <br />By: <br />James P. Lilley <br />Orange County <br />By <br />Witness: <br />(Seal) <br />Attest: <br />(Seal) <br />Beverly A. Blythe, Clerk <br />Board of County Commissioner <br />Alice M. Gordon, Chair <br />Board of County Commissioners <br />