Orange County NC Website
-- ~-.~.-- • .~ _ © ;~.,,.., ATTACHMENT 4 1 G <br />'-mtur_: to :. xa3;~•mpd,, Denny & Miller, P, o. Box 1020, drape]. Hi11, ivd 27614 <br />1J.5. POSTAL SERVICE ~~CV V .PACE <br />LEASE <br />:.'•FFICE, 5TATION, BRANCH, ETC. CITY, COUNTY, STATE AND ZIP CODE <br />.. ;anklin Street Statioa <br />L79 East Franklin Street. Cha el Hi11 Oran a Count NC 27$14 <br />t. Tltis LEASE, made and entered into this 3rd day of rll ~ fg 79 by <br />.~nr! bEnveen <br />• the Town of Chapel Hill,, North Catalina <br />. hereinafter called the Lessor, <br />v`I'r:== at:d:ess is 306 North Colulltbia Street, Chapel Hill, • North Carolina 27514 <br />for Lessor and Lessor's heirs, executors, administrators, succtsssors, and assigns and the United States Pgsral Service, hereinafter called the Postal <br />SLr VICe: ~ ~~ <br />1r11TNESSETH: The parties hereto for the consideration hereinafter mentioned covenant and agree as follows: <br />2. The Lessor.hereby,leases to the Postal Service the following described prtmises, viz.: appxoximately 3,000 square feet <br />~£ interior space at ~Che foxmer Franklin Street Post Office located at 179 East Franklin <br />Street, Chapel Hill, North Carolina and, further being shown. oa perlifainary sketch far <br />remodeling dated January, 1979, by City Planning and Architectural Associates attached <br />zereto and made a part of this contract'by refereace. • <br />Trle leased protion of the building's interior may be described further as that part <br />• <br />".he first floor which is east of thla proposed City Court facility, plus that part of <br />~._ front lobby east of an imaginary straight line running with the inside east wall of <br />said proposed City Court facility to the lobby's south wall separating the lobby frlam <br />the bestibule; however, the City shall have the right of ingress and egress over the <br />east portion of the lobby. . <br />3. TO HAVE ANp TO HOLD s ' emises with their appurtenances fqr- <br />THE TERM BEGINNING AND ENDING WITH TgTAt_ NUMBER OF YEARS <br />r• , ~ f ~~~! ~ ~~CJS % I ~ 2 [a0 TWEIITY-FIVE (25) YEARS <br />4. The Postal Service shall pay the lessor an annual rental of: • <br />ONE DOLLAR -------------__••-----------------_•.~------~Qllars. S ~~,00 . <br />payable in equal instal menis at the end of each calendar asemcls. Rent fqr part of aneRth shall be prorated. <br />• year year <br />5. This lease may be renewed, at the option of the Pgatal Service, for the following separate and consecutive terms and at the following <br />annual rentals: • <br />.~ <br />~. YEARS p R A NUAL RENTA NO, YEARS R1NlJAL REN7g'Ll NO• YEAR5 p R AT <br />_ Icl t•) 1 <br />.ey <br />(d1 ~ r~ Idl 1.. 1'? ~~ .. <br />