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OTHER-2021-029 (Not fully executed) Lease Agreement for 110 E. King Street
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OTHER-2021-029 (Not fully executed) Lease Agreement for 110 E. King Street
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Last modified
7/19/2021 2:38:00 PM
Creation date
7/19/2021 2:37:18 PM
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BOCC
Date
6/15/2021
Meeting Type
Regular Meeting
Document Type
Leases
Agenda Item
8-m
Document Relationships
Agenda - 06-15-2021; 8-m - Lease for 110 E. King Street
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 06-15-2021 Virtual Business Meeting
Agenda for June 15, 2021 Board Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 06-15-2021 Virtual Business Meeting
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7 . If the said premises be destroyed by fire or other casualty without fault of the <br /> Lessee , or of partial destruction or damage by fire or other casualty without fault of the <br /> Lessee, so as to render the premises untenantable in whole or in part, and during such <br /> period of repair, if the Lessor can not provide suitable office space, the Lessee shall have <br /> the right to obtain similar office space at the expense of Lessee with reimbursement from <br /> the County . <br /> 8 . Lessor shall be liable to Lessee for any loss or damages suffered by Lessee <br /> which are a direct result of the failure of Lessor to perform an act required by this lease, <br /> and provided that Lessor could reasonably have complied with said requirement . <br /> 9 . Upon termination of this lease , the Lessee will peaceably surrender the leased <br /> premises in as good order and condition as when received, reasonable use and wear and <br /> damage by fire , war, riots , insurrection, public calamity, by the elements , by act of God, <br /> or by circumstances over which Lessee had no control or for which Lessor is responsible <br /> pursuant to this lease , excepted . <br /> 10 . The Lessor agrees that the Lessee , upon keeping and performing the <br /> covenants and agreements herein contained, shall at all times during the existence of this <br /> lease peaceably and quietly have , hold, and enjoy the leased premises free from the <br /> adverse claims of any person . <br /> c. <br /> 11 . The failure of either party to insist in any instance upon strict performance of <br /> any of the terms and conditions herein set forth shall not be construed as a waiver of the <br /> same in any other instance . No modification of any provision hereof and no cancellation <br /> or surrender thereof shall be valid unless in writing and signed and agreed to by both <br /> parties . <br /> 12 . Any hold over after the expiration of the said term or any extension thereof, <br /> shall be construed to be a tenancy from month to month, and shall otherwise be on the <br /> terms and conditions herein specified, so far as applicable ; however, either party shall <br /> give not less than 60 days written notice to terminate the tenancy, j <br /> i <br /> 13 . The parties to this lease agree and understand that the continuation of this <br /> lease agreement for the term period set forth herein, or any extension or renewal thereof, <br /> is dependent upon and subject to the appropriation, allocation or availability of fiinds for <br /> this purpose to the agency of the Lessee responsible for payment of said rental . The <br /> parties to this lease also agree that in the event the agency of the Lessee or that body <br /> responsible for the appropriations of said funds , in its sole discretion, determines , in view <br /> of its total local office operations that available funding for the payment of rent is <br /> insufficient to continue the operation of its local offices on the premise leased herein, it <br /> may choose to terminate the lease agreement set forth herein by giving Lessor written <br /> notice of said termination, and the lease agreement shall terminate immediately without <br /> any further liability to Lessee . <br /> 14 . All notices herein provided to be given, or which may be given by either <br /> party to the other, shall be deemed to have been fully given when made in writing and <br /> deposited in the United States mail, certified and postage prepaid and addressed as <br /> follows : To the Lessor at P . O . Box 8181 , Hillsborough , North Carolina 27278 and the <br /> Lessee at 3030 Hammond Business Place , 4227 Mail Service Center, Raleigh , North <br /> Carolina 276034227 . Nothing herein contained shall preclude the giving of such notice <br /> Page 3 of 6 <br />
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