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Agenda - 04-15-2014 - 6f
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Agenda - 04-15-2014 - 6f
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6/2/2015 11:53:57 AM
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4/11/2014 11:53:05 AM
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BOCC
Date
4/15/2014
Meeting Type
Budget Sessions
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Agenda
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2014-194 AMS - Terra Dotta LLC - Lease for Suites 105, 106, 200 $57,316.32
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\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2010's\2014
Minutes 04-15-2014
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\Board of County Commissioners\Minutes - Approved\2010's\2014
R 2014-194 AMS - Terra Dotta LLC for 2-year tenant lease for 501 W. Franklin Suites 105 ,106, 200
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2014
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Attachment 2 3 <br /> STATE OF NORTH CAROLINA <br /> COUNTY OF ORANGE LEASE <br /> THIS LEASE, made and entered into as of the 1st day of May 2014, by and between Orange <br /> County, hereinafter referred to as "County," and Terra Dotta LLC , hereinafter referred to as <br /> "Tenant," <br /> WITNESSETH <br /> THAT FOR and in consideration of the mutual covenants and conditions hereinafter <br /> set forth, the parties hereto do hereby agree as follows <br /> 1 Premises County does hereby lease and let unto Tenant and Tenant does <br /> hereby accept as Tenant those certain premises designated as Suites #105, #106, and #200 of <br /> the Bentley Building, 501 West Franklin Street, Chapel Hill, Orange County, North Carolina, as <br /> more particularly shown on EXHIBIT A appended hereto. <br /> 2 Acceptance of Premises The Tenant represents that the lease property, the <br /> sidewalks and structures adjoining the same, any subsurface conditions thereof, and the <br /> present uses and non-uses thereof have been examined by the Tenant The Tenant accepts <br /> the same in the condition in which they now are without representation or warranty, express or <br /> implied, in fact or by law, by the County, the nature, condition or usability thereof, or the uses to <br /> which the leased property may be put Provided, County shall be responsible for ensuring that <br /> the heating/air-conditioning system is in good operating condition, the exterior walls and roof, <br /> the lighting system (excluding such additions as may be required for Tenant's particular <br /> business operation) and the parking area and sidewalks are in good repair on the date of <br /> commencement of the lease term County represents and warrants to Tenant that it holds <br /> unencumbered fee title to the lease premises The County shall not be responsible for any <br /> latent defect or change of condition in such building, improvements and personalty, and the rent <br /> hereunder shall in no case be withheld or diminished on account of any defect in such property, <br /> any change in the condition thereof, any damage occurring thereto or the existence with respect <br /> thereof of any violations of the laws or regulations of any governmental authority, except as <br /> hereinafter provided In addition, Tenant acknowledges that the Bentley Building is a smoke free <br /> building and does not permit tobacco use inside of the building <br /> 3 Term and Rental <br /> (a) This Lease shall commence on May 1, 2014, and shall continue for a term of <br /> twenty-four(24) months, ending on April 30, 2014, both dates inclusive, unless sooner <br /> terminated as herein provided Upon mutual written agreement this Lease may be renewed for <br /> up to four twenty-four month terms Any renewal may be for the entire leased premises or for <br /> one or more of the designated suites Any such renewal shall be subject to a mutually agreed <br /> upon increase in rent <br /> (b) Tenant shall deliver to County a deposit in the amount of two thousand three <br /> hundred eighty eight dollars ($2,388 00), which is the equivalent to the rent for one (1) month <br /> Deposit shall be held as a security deposit against claims for damages This money may be <br /> deposited for the exclusive use of Orange County and will be returned to Tenant at the end of <br /> the lease within 30 days provided there has been no damage to the leased premises <br /> Page 1 of 12 <br />
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