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STATE OF NORTH CAROLINA <br />COUNTY OF ORANGE <br />LEASE AGREEMENT RENEWAL <br />THIS LEASE AGREEMENT RENEWAL made on the fit" day of June, 2000 by and between <br />James P. Lilley d/b/a Jim Lilley Properties, 501 West Franklin Street, Suite 106, Chapel Hill, <br />North Carolina, hereinafter referred to as Tenant and Caunty of Orange, a politic subdivision of <br />the State of North Carolina, Post Office Box 8181, Hillsborough, North Carolina, hereinafter <br />referred to as "County". <br />WITNESSETH: <br />WHEREAS, a lease agreement was made and entered into as of the 1~` day of June, 1997, a <br />copy of which is attached as Exhibit A, between the County and Tenant; <br />WHEREAS, County and Tenant desire to renew the lease agreement and amend it; <br />NOW THEREFORE, County and Tenant mutually agree to the following: <br />1. Section 3 of Exhibit A shall be modified to read: <br />(a) This lease shall commence on June 1, 2001 and shall continue for a term of one <br />year, which ends on May 31, 2002, both dates inclusive, unless sooner terminated <br />as herein provided. <br />2. Section 2(b) shall be modified to read: <br />(b) The Tenant agrees, to pay the County without demand at its office, or at such <br />other place or places as County may from time to time designate in writing, the <br />following rents and taxes for the aforementioned Premises for the term of this <br />Tease: <br />June 1, 2001 through May 31; 2002: <br />Base rent: $79fi per month; $9,552 per year <br />Taxes in lieu: $fi7 per month; $804 per year <br />3. All other terms and conditions of Exhibit A shall remain the same. <br />This the 15~' day of May, 2001. <br />Tenant: <br />Witness: <br />By: <br />James P. Lilley <br />County of Orange <br />By: <br />Stephen Halkiotis, Chair <br />Attest: <br />Beverly A. Blythe, Clerk <br />