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ORD-2020-003 Lease of 308 W. Franklin Street and Suite 101 at the Europa Center, and Approval of Budget Amendment #4-C
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ORD-2020-003 Lease of 308 W. Franklin Street and Suite 101 at the Europa Center, and Approval of Budget Amendment #4-C
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BOCC
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1/21/2020
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Regular Meeting
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Ordinance
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Agenda - 01-21-20 8-l - Lease of 308 W. Franklin Street and Suite 101 at the Europa Center, and Approval of Budget Amendment #4-C
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\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 01-21-20 Business Meeting
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9 <br /> LEASE AGREEMENT <br /> PARTIES <br /> 1. THIS LEASE AGREEMENT made and entered into on , 2020 by and between Charles J. Coates <br /> and Geraldine Dawson, 5001 Cole Mill Road, NC 27705 (hereinafter referred to as Landlord) and <br /> Orange County,North Carolina(hereinafter referred to as"Tenant") <br /> PREMISES <br /> 2. Landlord leases to Tenant, and Tenant leases from Landlord under the terms and conditions set forth in <br /> this Lease Agreement, certain premises consisting of a lot of approximately 12,100 square feet <br /> including a building of approximately 4008 square feet with adjoining parking lot and entrances <br /> (hereinafter referred to as "Demised Premises") in Chapel Hill, State of North Carolina, as described <br /> legally as Tract 704410, Map 7.85.M.23, Chapel Hill, Orange County,NC, located at 308 W. Franklin <br /> St., Chapel Hill,NC 27516. <br /> REPAIRS AND POSSESSION <br /> 3. Landlord warrants that it is the Owner of the tract of land described in Premises <br /> (a.) Tenant herein agrees to hold Landlord harmless for any outstanding bills or invoices that might <br /> occur pursuant to Tenant's repair, upfit or improvement of said Demised Premises. Further, Tenant <br /> shall not allow any outstanding bills incurred for labor employed by Tenant and/or materials used for <br /> said upfit of Demised Premises to remain unpaid. Tenant will hold Landlord harmless for any loss, <br /> cost, damage and/or expense of every kind, including any resulting attorney's fees, directly or indirectly <br /> incurred as a result or on the account of any materialman's lien or claim of lien that might be placed on <br /> the Demised Premises as a result of Tenant's improvements, repairs or upfit. Rent shall commence as <br /> of , 2020 (hereinafter called "Rental Commencement Date") regardless of whether Tenant has <br /> opened for business. <br /> (b.) Tenant shall pay all of the utility charges for the Demised Premises after delivery of possession <br /> thereof by Landlord. Tenant agrees to submit to Landlord plans and specifications covering all <br /> improvements or upfit which Tenant proposes to do in the Demised Premises. Such plans and <br /> specifications shall be prepared in such detail as Landlord may require, and Tenant agrees not to <br /> commence work upon any of the aforesaid Tenant's work until Landlord has approved such plans and <br /> specifications in writing. Landlord agrees to act with reasonable promptness with respect to such plans <br /> and specifications. <br /> (c) By occupying the Demised Premises after the delivery of possession, to perform improvement or <br /> upfit work or for any other purpose, Tenant shall be deemed to have accepted the same and to have <br /> acknowledged that the Demised Premises are in the condition required by this Lease Agreement. <br /> (d) If Tenant desires to change the wiring for telegraphic, telephonic, telecommunication,burglar alarm <br /> or signal service within the Demised Premises, Tenant agrees to submit to Landlord plans and <br /> specifications describing where and how connections for said wiring for such services shall be <br /> introduced and run. Such plans and specifications shall be prepared in such detail as Landlord may <br /> require, and Tenant agrees not to commence work upon any of the aforesaid Tenant's work until <br /> Landlord has approved such plans and specifications in writing. Without such approval, no boring, <br /> cutting or installation of wires or cables is permitted. Landlord agrees to act with reasonable <br /> promptness with respect to such plans and specifications. <br /> (e) The Tenant shall be responsible for the locking of doors in and to the Demised Premises. Any <br /> damage resulting from neglect of this clause shall be paid by Tenant. <br /> USE AND OPERATION <br /> Initials <br /> 6 <br /> (308 W.Franklin St.) Landlord Tenant <br />
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