Agenda - 11-04-1985 - Laserfiche WebLink

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iu • LEASE NUMBER: !! CARR MILL OFFICE COMPLEX LEASE • NORTH CAROLINA ORANGE COUNTY . October LEASE AGREEMENT 19 85 made and entered into Carob d.b'a• CARR H8L----L,'ha by;and between J.W. as of the 4th , hereinafter r g its FRENCH AND Charlotte,d t HEALTH SERVICES referred the Lessor,office hereinafter to as the Lessor, and ORANGE lotte, North referred to as COUNTY the Lessee, of Oran a Count • W I T N E S S E T H : In consideration as hereinafter of the rents of the Lessor provided, and of the to be paid to the Less demises and the Lessee covenants and Lessor by u the and Lessor ands he the to be•ke t performed, the Lessor hLeesaee, Lessor the P and premises he Lessee, and read, tan upon the part • Plan r attached measuring 5580 square Lessee leases shown on t r hereby (herein hereto as Exhibit�a b9uare feet takes f called the Leased ' as shove from the cer- tain building Premises) by references es made o the Floor situated g known as Carr.Mill Located on the 2nd a part hereof, Carrbora at•ghe corner Ca W M111 Building (the B ding) floor of t situated' Orange e Weaver and Greensboro wilding), which that ce. hereto County, North Caro o Street's in the Building is to be occupied and used the property he City of OR ti. -._,_ and for no other as health service as Exhibit B coma areas set forth, together Purpneec• Provider elevators °£ the building with the nonexclusive the terms restroom g includin a ri and coadi_ * oom and parking facilities not limited to stairways,use all Of 1. Term o£ Lease: common areas. rways, halls, 31st 19 85 term hereof shall commence "'-` Nov day of October -85 and shall end 12:00 on the to extend the at 12:00 mid �-. da conse- cutively. 19 88 nigh of the y Y• the ee�sfior two years for each ' Lessee shall h Lessor y. exercise the firs option, by written t options two option by within nisei options do Y writit notice y days of the t option bf write to run econd Into yhe option to Lessor expiration a of the eII notice to • ° of first co�eameaties p term. �Lessoret within ninety e o£ he the second of the Pace in to have days Lessee options to renew td-relocate expira- tion lease Lessee 2• Real. at expiration • hundred Lessee shall pay to some it & 00/100 Lessor the ty mss referred to Dollars 0_244425.00 sum of fifty-four• meat$ of forty-five hundred a "Annual Base Re n -�) thousand four each ase „ per annum Lease due on the ivrst hundred thirt -three & 75/100) P Dollars in 4,533(hereinafter by Lesaeeehai first day ofoeach month, in advance, ($4,533 instals made that Lessor the first such monthly' dirsta the term shall simultaneously with the execution Chia second (b) For each execution of�h18sha11 be • lease lease year of Lease. • with the year, Lessee shall also the Iease term co second he asewyear, Lessee Rent pay to Lessor commencing pur- chasing power of the as additional with the date he amount pm the Annual to the decrease oral rent along of the lease term, if The amount of any Basc Rent since the he, o the th of nay Such decrease, the amount commencement