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Item 8-g - Assignment of Leasehold Interest to Chapel Hill Carrboro City Schools
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Item 8-g - Assignment of Leasehold Interest to Chapel Hill Carrboro City Schools
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10/12/2018 10:51:25 AM
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BOCC
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10/16/2018
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Regular Meeting
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Agenda
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8-g
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Agenda - 10-16-2018 Regular Board Meeting
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17 <br /> Prepared by: <br /> Parker Poe Adams&Bernstein LLP <br /> P.O.Box 389 <br /> Raleigh,NC 27602 <br /> Return to: <br /> Crown Castle <br /> 1220 Augusta, Suite 500 <br /> Houston,Texas 77057 <br /> Parcel ID: 9777-99-9032 <br /> Cross Index with Book 1849,Page 546 <br /> Book 1849,Page 554 <br /> MEMORANDUM OF FIRST AMENDMENT TO <br /> LIGHT STANDARD LEASE AGREEMENT <br /> THIS MEMORANDUM OF FIRST AMENDMENT TO LIGHT STANDARD LEASE <br /> AGREEMENT ("Amended Memorandum") is made effective this day of <br /> , 2018, by and between CHAPEL HILL — CARRBORO CITY SCHOOLS <br /> BOARD OF EDUCATION ("Landlord"), with a mailing address of 750 S. Merritt Hill Road, <br /> Chapel Hill, North Carolina 27516, CROWN CASTLE GT COMPANY LLC, a Delaware <br /> limited liability company ("Tenant"), with a mailing address of c/o Crown Castle USA Inc., <br /> 2000 Corporate Drive, Canonsburg, Pennsylvania 15317-8564, and ORANGE COUNTY, <br /> NORTH CAROLINA ("Property Owner"), with a mailing address of PO Box 8181, <br /> Hillsborough,North Carolina 27278. <br /> WHEREAS, Landlord and GTE Mobilnet of Raleigh Incorporated ("GTE Mobilnet") <br /> entered into that certain Light Standard Lease Agreement dated October 23, 1998 (the "Lease"), <br /> whereby Landlord leased to GTE Mobilnet a portion of land being described as an 864 square <br /> feet portion of that property (said leased portion being the "Leased Premises") located at 225 <br /> Culbreth Road (Parcel ID # 9777-99-9032), Chapel Hill, Orange County, State of North <br /> Carolina, and being further described in Book 5743, Page 496 in the Orange County Register of <br /> Deeds ("Registry"), together with those certain access, utility and/or maintenance easements <br /> and/or rights of way granted in the Lease and in the Easement Agreement (as defined below). <br /> Notice of the Lease is provided by, and the Leased Premises is described in that certain <br /> Site Name: Culbreth <br /> BU: 814444 - 1 - <br /> PPAB 4184478v2 <br />
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