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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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26 <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 /> Cross Index:Book 1849,Page 546; <br /> Book 1849,Page 554 <br /> PIN: 9777-99-9032 <br /> FIRST AMENDMENT TO EASEMENT AGREEMENT <br /> This First Amendment to Easement Agreement ("First Amendment") is entered into on <br /> this day of , 2018, by and between CHAPEL HILL — CARRBORO <br /> CITY SCHOOLS BOARD OF EDUCATION ("Grantor"), with a mailing address of 750 S. <br /> Merritt Hill Road, Chapel Hill,North Carolina 27516, CROWN CASTLE GT COMPANY LLC, <br /> a Delaware limited liability company ("Grantee"), with a mailing address of c/o Crown Castle <br /> USA Inc., 2000 Corporate Drive, Canonsburg, Pennsylvania 15317-8564, and ORANGE <br /> COUNTY, NORTH CAROLINA ("Property Owner"), with a mailing address of PO Box 8181, <br /> Hillsborough,North Carolina 27278. <br /> WHEREAS, Grantor and GTE Mobilnet of Raleigh Incorporated ("GTE Mobilnet") <br /> entered into an Easement Agreement dated October 23, 1998 (the "Easement Agreement"), <br /> which was recorded on December 29, 1998, in Book 1849, Page 554 in the Orange County <br /> Register of Deeds ("Registry"), in which Grantor granted GTE Mobilnet certain non-exclusive <br /> easements for ingress, egress and utilities over portions (said portions collectively being the <br /> "Easement Tracts") of that property located at 225 Culbreth Road (Tax Parcel #9777-99-9032), <br /> Chapel Hill, Orange County, State of North Carolina, and being further described in Book 5743, <br /> Page 496 in the Registry("Parent Parcel"); and <br /> WHEREAS, Grantor leased to GTE Mobilnet an 864 square feet portion of the Parnet <br /> Parcel (said portion being the "Leased Premises") in that certain Light Standard Lease <br /> Culbreth,NC <br /> BU 814444 1 <br /> PPAB 4231906v5 <br />
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