1996 S Lease Renewal Highway 57 Solid Waste Collection Site

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2 Prepared by: Wilbert McAdoo DATE /I-s-g6 Return to: Wilbert McAdoo ITEM Public Works Director Orange County P.O. Box 8181 Hillsborough,N.C. 27278 NORTH CAROLINA COUNTY OF ORANGE LEASE AGREEMENT RENEWAL WHEREAS, a lease agreement was made and entered into as of the twenty-first day of May 1991, by and between the County of Orange, (LESSEE), and Annie D. Freeland, (LESSOR), for *property to be used as a Solid Waste Collection site for Orange County; WHEREAS, the LESSEE and the LESSOR wish to renew the lease agreement as amended; NOW THEREFORE, the LESSEE and the LESSOR mutually agree to the following: 1. Section 2"The Lease", shall be modified to read as follows: The lease will commence on April 1, 1996 and will terminate on March 31, 2001. Lessor and Lessee, however, may terminate this lease upon giving ninety (90) days written notice to the other. Lessee shall pay Lessor rent in the amount of one hundred and fifty dollars ($150.00) per month for each and every month of the term of this lease, payable on or before the first day of each month of the lease term. 2. All other terms and conditions shall remain the same. *Property description: Beginning at an iron(control comer)in the West line of N.C.Highway 57 and a new corner of William G. And Annie D. Freeland;thence with the West line of N.C.Highway 57 North 20 deg. 00'00"East 210 feet to a nail;thence new lines with said Freelands North 70 deg. 00'00"West 207.43 feet to a stake in Strowd's Creek(through an iron witness on bank)and South 20 deg. 00'00"West 210 feet to an iron and South 70 deg. 00'00"East 207.43 feet to the point and place of beginning,containing 1.00 acre,and being Lot 1 according to plat and survey of Alexander T. Davison,R.L.S.,dated January 12, 1986 and entitled,"Property of William G.And Annie D. Freeland."