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LEASE AGREEMENT <br />RENEWAL <br />NORTH CAROLINA <br />ORANGE COUNTY <br />WHEREAS, a lease agreement was made and entered into as of the 15th day of <br />November, 1983, by and between Orange County, LESSOR and the Community School for <br />People Under Six, TENANT, for space to be used as a Day Care Center at the Southern Human <br />Services Center, Chapel Hill, NC; <br />WHEREAS, the LESSOR and the TENANT wish to renew the lease agreement as <br />amended; <br />NOW, THEREFORE, LESSOR and TENANT mutually agree to the following: <br />The lease agreement will be continued for a period of five years commencing on July 1, <br />1998 and ending at 12:00 midnight on the day of June 30, 2003. <br />The Tenant shall have the right to renew the lease for one additional five year term, <br />provided the Northside Community Center remains a viable County facility. <br />2. Section 3, "Utilities" shall be modified to read as follows: <br />Utilities: <br />In the event TENANT's funding source will reimburse TENANT for utilities at the leased <br />facility, the TENANT shall pay for the electricity and fuel for heat based on the following <br />formula: <br />Total square footage used by TENANT <br />Divided by total usable square feet of the building where property is located <br />Times the amount of electricity and fuel for heat bills received the COUNTY during the <br />term of this lease for the building where the leased property is located. The COUNTY <br />shall send the TENANT on a timely basis a statement itemizing such utility charges. <br />Payment shall be due to the COUNTY within thirty (30) days of the date on such <br />statements. The COUNTY shall pay for all water and sewer charges. <br />3. All other terms and conditions will remain the same. <br />