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r <br /> LEASE AGREEMENT <br /> RENEWAL <br /> NORTH CAROLINA <br /> ORANGE COUNTY <br /> WHEREAS, a lease agreement was made and entered into as of the 29th day of August, <br /> 1983 by and between Orange County, as LESSOR and Wake opportunities, Inc., as TENANT, for <br /> space to be used as a Day Care Center at the Northern Human Services Center, Cedar Grove, NC; <br /> WHEREAS, the LESSOR and the TENANT wish to renew the lease agreement. <br /> NOW THEREFORE, LESSOR and TENANT mutually agree to the following: <br /> 1. The lease agreement will be continued for a period of three years commencin g on Jul 1 <br /> Y <br /> 1998 and ending at 12:00 midnight on the day of June 30, 2001. <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 <br /> leased facility, the TENANT shall pay for the electricity and fuel for heat based on <br /> the following 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 <br /> the term of this lease for the building where the leased property is located. The <br /> COUNTY shall send the TENANT on a timely basis a statement itemizing such <br /> utility charges. Payment shall be due to the COUNTY within thirty (30) days of the <br /> date on such statements. The COUNTY shall pay for all water and sewer <br /> charges. <br /> 3. All other terms and conditions will remain the same. <br /> This agreed to the day of , 1998. <br /> Orange County <br /> BY: Attest: <br /> Margaret W. Brown, Chair <br /> Orange County Board of Commissioners <br /> Beverly A. Blythe, Clerk to the Board <br /> Tenant: Wake Opportunities, Inc. <br /> BY: - „ Witness: <br /> (Printed name and title) <br />