Orange County NC Website
4 <br /> ➢ Five year lease term with one three year renewal; <br /> ➢ CPI adjustments used as annual escalators throughout the life of the lease and <br /> renewals; <br /> ➢ Landlord will finish minor renovation work in the Dental area, including carpet and <br /> paint wails at Landlord's expense; <br /> ➢ Landlord will finish carpet replacement and painting walls in Public Defender area at <br /> Landlord's cost; County will reimburse Landlord approximately $13,000 for <br /> renovation work to be accomplished in this area. <br /> ➢ All other terms and conditions remain the same as reflected in the existing lease and <br /> subsequent renewals. <br /> RECOMMENDATION: The Manager recommends that the Board approve the lease <br /> renewal for Carr Mill Mail space as presented; approve the space reallocation plan as <br /> presented; and authorize the chair to sign on behalf of the Board. <br />