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L <br /> - � y <br /> LEASE AGREEMENT <br /> RENEWAL <br /> NORTH CAROLINA <br /> ORANGE COUNTY <br /> WHEREAS, a lease agreement was made and entered into as of the 12th day of November, 1984 <br /> by and between Orange County, as LESSOR and Cedar Grove Day Care, as TENANT, for space to be <br /> 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 commencing on July 1, 1998 <br /> 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 leased facility, <br /> the TENANT shall pay for the electricity and fuel for heat based on 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 the term of this <br /> lease for the building where the leased property is located. The COUNTY shall send the TENANT <br /> on a timely basis a statement itemizing such utility charges. Payment shall be due to the <br /> COUNTY within thirty (30)days of the date on such statements. The COUNTY shall pay for all <br /> water and sewer 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 Beverly A. Blythe, Clerk to the Board <br /> Tenant: Cedar Grove Day Care <br /> By: Witness: <br /> (Printed name and title) <br />