Agenda - 11-16-1993 - III-C - Laserfiche WebLink

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STATE OF NORTH CAROLINA COUNTY OF ORANGE LEASE AGREEMENT THIS LEASE AGREEMENT,made on the 16th day of November,1993,by and between Orange County, North Carolina, a body politic and corporate and a political subdivision of the State of North Carolina whose mailing address is Post Office Box 8181 Hillsborough, North Carolina 27278 (hereinafter referred to as "County"), and Durham Technical College, whose mailing address is 1637 Lawson Street, Durham, North Carolina 27703, (hereinafter referred to as Durham Tech). WITNESSETH: 1. LEASED PREMISES: County hereby leases to Durham Tech and Durham Tech hereby leases from County, an area of approximately 620 square feet in the building leased by the County at 110 South Churton Street, Hillsborough, North Carolina. 2. USE OF PREMISES: Durham Tech shall use the premises solely for classroom space and instructor office area for its Adult Basic Education Program. Durham Tech shall not use or permit the premises to be used for any other purpose except with the prior written consent of County. Durham Tech covenants that it's students observe the following standards of conduct while at the leased premises: (a) Students shall not congregate on Churton Street in front of the leased premises or other businesses in the area; (b) Students shall smoke outside of the rear exterior entrance of the classroom and shall use the ashcans provided; and (c) Students will be considerate of surrounding businesses when using the smoking area and not be loud or disruptive in their actions; and (d) Students will ensure that all trash and/or debris is removed from their smoking area at the end of the day and placed in trash cans. 3. TERM: The term of this lease shall commence on December 1, 1993 and shall terminate on December 31, 1998. 4. RENT: The County will pay all lease payments as indicated in the lease dated October 4,1993 between Orange County and CCR Joint Building Venture,Inc. However,if at anytime during the term of this lease, funding for rent is made available for the Adult Basic Education Program, Durham Tech will make every effort to secure said funding and shall reimburse the County at the prevailing rental rate. 5. INSURANCE: Durham Tech shall at all times during the term of this lease maintain in full force a public liability insurance policy providing coverage for bodily injury, personal injury, death or property damage,with insurance company(ies)authorized to do business in North Carolina. Such policy(ies) shall include the County as a named insured, shall be written in an amount no less than $1,000,000 combined single limit;and shall contain a clause that the insurer will not cancel or change the insurance coverage without first providing thirty (30) days written notice to County.