Agenda - 06-16-2009 - 4r - Laserfiche WebLink

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Prepared By: Brian M. Ferrell, Esquire Return To: Orange County Solid Waste Management Department, Attn. Terry Case Thomas PO Box 17177, Chapel Hill, North Carolina 27516 NORTH CAROLINA COUNTY OF ORANGE THIRD LEASE AGREEMENT RENEWAL WHEREAS, a lease agreement (hereafter referred to as "the Agreement") was made and entered into on or about the 14th day of June 1989 by and between Orange County (hereinafter referred to as "Lessee") and Dr. James C. Thompson and Betty A. Thompson (hereinafter referred to as "Original Lessor") for that one (1) acre parcel of property described in that certain plat recorded in Book 53, Page 48 of the Orange County Registry (the "Property"). The Agreement was recorded at Book 802, Page 438 of the Orange County Registry; and WHEREAS, the Agreement was renewed as amended by a renewal agreement recorded at Book 2006, Page 488 of the Orange County Registry (hereafter referred to as "First Renewal Agreement"); and WHEREAS, the Agreement was further renewed. as amended by a renewal agreement recorded at Book 3427, Page 154 of the Orange County Registry (hereafter referred to as "Second Renewal Agreement"); and WHEREAS, the Property was conveyed by Original Lessor to Thoms Creek Farm, LLC, a North Carolina Limited Liability Company (hereinafter referred to as "Lessor") by Special Warranty Deed Recorded in Book 2917, Page 45 and; WHEREAS, it was the intention of Original Lessor, Lessor and Lessee that Lessor be bound as successor in interest to the Agreement, the First Renewal Agreement and the Second Renewal Agreement; and WHEREAS, Lessor desires to renew the Agreement as amended by the First Renewal Agreement, the Second Renewal Agreement and this Third Lease Agreement Renewal; and WHEREAS, Lessee and Lessor desire to, and hereby do, renew the Agreement as hereby amended in this Third Lease Agreement Renewal.