1996 S Purchasing - Lease Renewal Carr Mill Mall Health Clinic

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�P ()iEK;INAL SIGNATURE COPY +M STATE OF NORTH CAROLINA DIST.-&M.) w COUNTY OF ORANGE LEASE AGREEMENT RENEWAL THIS LEASE AGREEMENT RENEWAL made on the 144A-1 day of !UOA4 , 1996,by and between CARR MILL MALL LIMITED PARTNERSHIP,a North Carolina Limited Partnership, 200 N. Greensboro St.,Ste D-11, Carrboro,NC 27510 having its principal business in Orange County, North Carolina,hereinafter referred to as"Owner"and ORANGE COUNTY,a political subdivision of the State of North Carolina,Post Office Box 8181,Hillsborough,North Carolina,hereinafter referred to as County. WITNESSETH: WHEREAS,a lease agreement was made and entered into as of the 4th day of October, 1985(a copy of which is attached as Exhibit A)between J.W.and Patricia Ann French,d/b/a Carr Mill Mall and County; WHEREAS, County and Owner desire to renew the lease agreement and amend it; NOW THEREFORE, County and Owner mutually agree to the following; 1. The Exhibit A lease agreement is renewed for the period commencing on July 1, 1996 and continuing through June 30, 1998; 2. During this renewal period, Section 2(a)of Exhibit A is modified as follows: County shall pay to the Owner rent as follows: Base rent: Monthly Annually July 1, 1996---June 30, 1997 $6,893.96 $82,727.53 July 1, 1996---June 30, 1998 Rent will increase by the change in the Consumer Price Index(CPI) using as a basis for that calculation April 1996 and April 1997. Rent is due and payable on the first day of each month,in advance,during the term of this Lease. _ . 4. During this renewal period,all other terms and conditions of Exhibit A remain the same. This the 144"" day of M 1996. CARR M1LL MALL LIMITED PARTNERSHIP WI SS: By: (SEAL) ENERAL ARTNER ORANGE COUNTY WITNES By: MOSES CAREY,JR., CHAIR ORANG C ERK,ORAGE COUNTY COUNTY BOARD OF COMMISSIO_ RS BOARD OF COMMISSIONERS