Orange County NC Website
-- ORIGINAL SIGNATURES <br /> COPY +K 3 <br /> STATE OF NORTH CAROLINA <br /> DIST: 730 C e-- <br /> LEASE AGREEMENT <br /> COUNTY OF ORANGE <br /> THIS LEASE,made and entered into this the D' day of 21997, <br /> by and between the COUNTY OF ORANGE, party of the first part, erein fter designated as <br /> Lessor,and the STATE OF NORTH CAROLINA,party of the second part,hereinafter designated <br /> as Lessee; <br /> WITNESSETH: <br /> THAT WHEREAS, the party of the first part owns a tract or parcel of land atop Eno <br /> Mountain in Orange County,North Carolina,that is desirable as a location for the installation and <br /> operation of a communications facility to be owned and operated by the Lessee. <br /> WHEREAS,the Lessee leases a tract of land atop Eno Mountain in Orange County from the <br /> Lessor according to a lease agreement dated March 13, 1947; <br /> WHEREAS,the Lessee wishes to extend the term of the lease agreement, and dispose of the <br /> Fire Tower located on the leased premises; <br /> WHEREAS,the Lessor wishes to use a portion of the lease premises to provide an area for <br /> lease to Norfork Southern Railroad Company to establish communications for a high speed public <br /> rail service; and, <br /> WHEREAS,the parties hereto have mutually agreed to the terms of this lease agreement as <br /> hereinafter set out; <br /> WHEREAS,the execution of this agreement for and on behalf of the State of North Carolina <br /> has been duly approved by the Governor and Council of State at a meeting held in the City of <br /> Raleigh,North Carolina, on the 9th day of May, 1996; and, <br /> NOW,THEREFORE, in consideration of the mutual promises hereinafter set forth, Lessor <br /> does hereby grant and let unto Lessee for and during the term and under the terms and conditions <br /> hereafter specified, and the right and privilege to maintain a Communications Broadcast Facility <br /> inclusive of buildings, antenna support tower, with antennas and other necessary accessories, upon <br /> said property. <br /> 1. The lease agreement dated March 13, 1947, shall be terminated by consent of both <br /> parties on June 30, 1997. <br /> 2. The term of this lease shall be for a period of forty (40) years beginning on July 1, <br />