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3 <br /> a <br /> 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 /> 1. 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 />