Orange County NC Website
6 <br /> material or height, but excepting moveable office furniture put in at the County's expense <br /> shall, when made, be the property of the Landlord and shall remain upon and be <br /> surrendered with the Premises as a part thereof at the expiration or earlier termination of this <br /> lease. <br /> 14. UTILITIES. County shall pay for all utility costs serving the Premises. <br /> 15. SIGNS. The County reserves the right to affix a sign that it deems appropriate to <br /> properly direct the public to the offices housed in the Premises. <br /> Prior to installation, the County agrees to submit plans to the Landlord for approval, which <br /> approval shall not be unreasonably withheld. All signs erected by the County shall comply <br /> with the requirements of public authorities having jurisdiction with respect thereto. <br /> 16. PARKING. It is understood and agreed that contained within the Premises is fifteen <br /> (15) parking spaces. Signs may be erected, at County expenses, to properly designate <br /> parking for the County. <br /> 17. RIGHT OF FIRST OFFER TO PURCHASE AND RIGHT OF FIRST REFUSAL.. <br /> Subject to the terms of this Agreement, Landlord expressly reserves the right to sell the <br /> premises at anytime during the term of this lease, including any extension thereof, any <br /> renewal term and any extension thereof. however, Landlord covenants that it will not list nor <br /> offer said premises for sale to the general public without first having given County written <br /> notice, in the manner prescribed in Paragraph 5 of this Lease for Notices, of its desire to sell <br /> and without first having allowed County forty-five days from and after the date of such notice <br /> in which to attempt to secure a binding written agreement with Landlord for the purchase of <br /> said premises by County. Landlord agrees that any/all offers to purchase submitted by <br /> County during said forty-five day period will be held in strictest confidence,will be given <br /> every reasonably consideration and will not be used at any time to enhance its efforts to <br /> otherwise market said premises. <br /> Landlord further grants to County during the term of this lease, including any <br /> extension thereof, any renewal term and any extension thereof,the exclusive right at <br /> County's option to purchase the premises on the same terms and at the same price as any <br /> bona fide offer for the premises received by Landlord and which offer Landlord desires to <br /> accept. Upon receipt of a bona fide offer, and each time any such offer is received, Landlord <br /> shall immediately notify County, in the manner prescribed in Paragraph 5 of this Lease for <br /> Notices, of the full details of such offer, including a copy of the same (the name and address <br /> of the offeror may be omitted if County is unwilling or unable to maintain the name and <br /> address of the offeror's confidentiality), whereupon County shall have thirty (30)days after <br /> receipt of such notice in which to elect to exercise this right of first refusal. No sale of or <br /> transfer of title to the premises shall be binding on County unless and until these <br /> requirements are fully complied with. <br /> The right of first refusal herein granted shall be continuing and pre-emptive, binding <br /> on the Landlord's successors or assigns, and the failure of County to exercise same in any <br /> one case shall not affect County's right to exercise such right of first refusal in other cases <br /> thereafter arising during the term of this Lease, including any renewal term or any extension <br /> of either the lease term or any renewal term. <br /> Upon Landlord and County reaching a binding written agreement for the <br /> purchase/sale of the premises or receipt of County's notice of election to exercise any right <br /> of first refusal granted herein, County shall have a reasonable time in which to examine title <br />