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North Carolina <br />Orange County <br />LICENSE AGREEMENT <br />This License Agreement is made effective as of'this the I G~' day of IVlay 2007, by <br />and between the FIRST BAPTIST CHURCH GF` HILLSBOROUGI-I, INC., having an <br />address of 201 W. Icing. Street,.. Hillsborough, North Carolina 27278, ("Licensor"} and the <br />Ct~[JN7CY OF ORANGE, NORTH CAROLINA, a body politic and. corporate, a political <br />subdivision of the State of North Carolina, having an address of P.O. Box S l $ l , <br />Hillsborough, North Carolina 2?278 ("Licensee"). <br />WITNESSETH: <br />'WHEREAS, .due to a diminished number of available parking spaces f©r <br />employees of Licensee, Licensee desires to have the use of approximately thirty three <br />{33) parking spaces awned. by Licensor during construction of the justice facility,: and <br />WHEREAS, Licensor desires- to allow Licensee the use of the .parking spaces <br />during the construction of the justice :facility. <br />NOW; THEREFORE, for good and. valuable consideration, and subject- to the <br />terms and conditions hereinafter set forth, Licensor does hereby license unto Licensee <br />and. Licensee does hereby accept as Licensee of Licensor the parking spaces lying and <br />being in Orange County, North Carolina, described nnore fully herein. <br />SECTION ONE <br />GRANT {7F LICENSE: DESCRIPTION OF PREIVIISES <br />Licensor hereby grants to Licensee a license to occupy and use thirty three {33} <br />parking spaces (the "Parking Spaces" or .:`Parking. Space."} The .Parking Spaces are <br />located behind the First Baptist Church of Hillsborough having a physical address of 20I <br />W. Icing Street, Hillsborough, North Carolina 27278 {the "Property"}: <br />There are two parking lots located on the Property, an "upper lot" and a "lower <br />lot." It is expressly understood and agreed that the Parking Spaces licensed herein are <br />located. in the lower lot. Licensee shall not occupy any parking spaces on the Property <br />other than those spaces located in the lower lot. Licensee shall install, at its sole cost .and <br />expense, signage indicating which spaces in the lower lot are subject to this License <br />Agreement. Licensor sha11 approve the size and type of sign prior to the same being <br />installed an the Property. <br />• <br />