Orange County NC Website
2 <br /> FINANCIAL IMPACT: The County would receive $100 per year for the lease term. In addition, <br /> the County will benefit from having the required level of liability insurance coverage for the <br /> premises provided at no cost. The Preservation Fund will pay all costs associated with interior <br /> painting and other needed interior repairs. <br /> SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated <br /> with this item. <br /> ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal <br /> impact associated with this item. <br /> RECOMMENDATION(S): The Manager recommends that the Board <br /> 1) Approve a three-year lease agreement with the Preservation Fund of Hillsborough, Inc., <br /> for the historic Norwood Law Office, consisting of a single historic exhibit room of <br /> approximately 270 square feet, located at 135 Court Street; and <br /> 2) Authorize the Chair to sign the Resolution for Lease, and the Manager to sign the Lease <br /> Agreement upon final review by the County Attorney. <br />