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2019-229 AMS - Hillsborough Commons lease amendment
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2019-229 AMS - Hillsborough Commons lease amendment
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Entry Properties
Last modified
5/22/2019 9:23:11 AM
Creation date
5/20/2019 4:39:57 PM
Metadata
Fields
Template:
Contract
Date
4/17/2019
Contract Starting Date
9/20/2018
Contract Ending Date
1/21/2024
Contract Document Type
Lease
Agenda Item
4/16/19; 8-e
Amount
$136,687.32
Document Relationships
2019-353 AMS - PNC Bank Hillsborough Commons SNDAA
(Message)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2010's\2019
Agenda 04-16-2019 8-e - Lease Modification for Hillsborough Commons
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2019\Agenda - 04-16-19 Regular Meeting
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8 . Landlord is not in default under the Lease and Landlord has not failed to perform or <br /> observe any term , covenant, or condition which (but for any applicable notice or grace <br /> period) would constitute a default under the Lease except it appears the roof is at the <br /> end of its useful life and as such shall be replaced within a reasonable time by the <br /> Landlord or its successor in interest . If none , state " None . " <br /> 9 . Tenant has received any and all amounts due and owing by Landlord pursuant to the <br /> $ 600 , 000 Completion Allowance Rider (Exhibit E to the Lease) . No other <br /> reimbursement agreement exists between the parties for work undertaken by the County <br /> on the Premises and no Tenant Improvement costs are due and owing from Landlord , <br /> except _None _ . If none , state " None . " <br /> 10 . Tenant was given the opportunity to purchase the parcel of land that includes the <br /> Demised Premises pursuant to paragraph 23 of the Lease Modification and declined to <br /> purchase the property . <br /> 11 . No Rent has been paid more than one ( 1 ) month in advance except _None . If none , <br /> state " None . " <br /> 12 . No security deposit or credit in lieu of deposit has been granted the County or is held by <br /> Landlord . <br /> 13 . Tenant has not sublet the Premises or any portion thereof. <br /> 14 . Tenant is in exclusive possession of the Premises and has accepted the Premises and any <br /> improvements thereon or therein, the Premises are in full compliance with the terms of <br /> the Lease and there are no outstanding repairs to be completed by Landlord, except it <br /> appears the roof is at the end of its useful life and as such shall be replaced within a <br /> reasonable time by the Landlord or its successor in interest . . <br /> This Tenant Estoppel Certificate is certified by Tenant ' s authorized representative with the <br /> knowledge that it will be relied upon by Landlord and Landlord ' s prospective purchaser and their <br /> respective successors and assigns . <br /> DATED this G day of 2019 . <br /> TENA O anl e County North Carolina <br /> By : <br /> Nam , Title <br /> 1 <br />
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