Orange County NC Website
under no circumstances would the time frame be extended beyond six months. Attorneys for <br />Mr. Young will be responsible for preparing the License Agreement, at the direction of the <br />County Attorney. The Agreement will include appropriate penalties should terms of the <br />Agreement be violated during the six-month period or after termination of the License <br />Agreement. <br />FINANCIAL IMPACT: The rental fee for the space is $125 per month, payable on the first day <br />of each month for which the lot is used. Assuming a full six-month period, the total funds <br />received by the County would be $750. <br />RECOMMENDATION(S): The Manager recommends that the Board approve a License <br />Agreement with Mr. Spencer Young for six months, commencing upon a mutually agreed upon <br />date, under the terms as presented and contingent upon Attorney and staff review; and <br />authorize the Manager to execute the agreement. <br />