Agenda - 09-17-1991 - Laserfiche WebLink

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�3 STATE OF NORTH CAROLINA COUNTY OF ORANGE LEASE AGREEMENT THIS LEASE AGREEMENT, made and entered into this the 1st day of October , 1991, by and between the Orange County Board of Education, a body corporate pursuant to North Carolina General Statutes §115C -40, hereinafter called "Board of Education," and Orange County, North Carolina, a body politic and corporate pursuant to North Carolina General Statutes §153A -11, N P.O. Box 8181, Hillsborough, North Carolina 27278, hereinafter h called "County;" r W I T N E S S E T H 0 WHEREAS, Board of Education on the 16th day of September, 1991, approved a Lease Agreement for a tract of land located on oRichmond Road in the community of Efland, Orange County, North Carolina, to County, for the consideration and upon the terms and ° conditions hereinafter set forth and duly approved and authorized a W the execution of this Lease; and Z M WHEREAS, the Board of County Commissioners of Orange County, W on the 17th day of September 1991, likewise approved the Lease Agreement and duly approved and authorized the M W execution of this Lease; and W Ic cc WHEREAS, the parties hereto have mutually agreed to the terms a of this Lease Agreement as hereinafter set forth. W NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that Board " of Education, in consideration of the sum of ONE DOLLAR ($1.00) in hand paid, the receipt of which is hereby acknowledged, and of the agreements on the part of County to be performed as hereinafter set forth, hereby leases, subject to the conditions herein contained, to County, and County accepts as tenant of Board of Education, the following described real property located in Cheeks Township, Orange County, North Carolina, and more particularly described as follows: Lot 112," containing 5.43 acres as shown on a survey plat titled Property Surveyed For Efland- Cheeks Community Center & Park, prepared August 28, 1991 by Callemyn Land Surveyors,