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RES - 2021 - 063r' 1011a jgl ; Attachment 3 <br /> 0�6 <br /> ORANGE COUNTY BOARD OF COMMISSIONERS <br /> RESOLUTION LEASING PROPERTY UP TO TEN YEARS <br /> Whereas , Orange County owns the historic Norwood Law Office , located at 135 Court <br /> Street , Hillsborough , NC 27278 , comprising approximately 270 unconditioned square feet <br /> (the " Premises " ) ; and <br /> Whereas, The Norwood Law Office , built c . 1830 , was purchased by Orange County in <br /> 1925 at the time it was preparing to develop a large new jail , built in 1926 ; and <br /> Whereas, Orange County has utilized the Norwood Law Office for a variety purposes <br /> since 1925 , including as the first office of the Agricultural Extension Agent ; and <br /> Whereas, The Historic Preservation Fund of Hillsborough , Inc . desires to lease the <br /> Norwood Law Office , Hillsborough , Orange County , North Carolina , for the purpose of <br /> maintaining the interior historic exhibit room for the public benefit ; and <br /> Whereas, The Historic Preservation Fund of Hillsborough , Inc . raised private funds to pay <br /> for the cost of critical structural repairs and the full restoration of the Norwood Law Office <br /> in 1997 , and <br /> Whereas, The Historic Preservation Fund of Hillsborough , Inc . , will pay an annual rent of <br /> $ 100 over the course of an initial 3 year term with automatic renewal for one three ( 3 ) <br /> year term ; and <br /> Whereas , North Carolina General Statute 160A.272 authorizes the lease of county- <br /> owned properties for terms of up to ten years upon resolution of the Board of <br /> Commissioners at a regular meeting after thirty days ' public notice ; and <br /> Whereas , in consideration of the annual rent and the need to continue to preserve the <br /> historic Norwood Law Office , the Board of Orange County Commissioners desires to <br /> lease the building to The Historic Preservation Fund of Hillsborough , Inc . , the required <br /> notice has been published and the Board of Commissioners is convened at a regular <br /> meeting ; <br /> NOW THEREFORE BE IT RESOLVED that the Board of Orange County Commissioners <br /> hereby approves the lease of the County property described above to The Historic <br /> Preservation Fund of Hillsborough , Inc . , for a term of three years commencing November <br /> 17 2021 , with the option to renew for up to one three ( 3 ) year term , approves the signed <br /> lease , and directs the execution , registration , and filing of all necessary instruments <br /> accordingly . <br /> This the 19th Day of October , 2021 . <br /> bA <br /> Re ee Price , Chair <br /> }a Orange County Board of Commissioners <br /> � * <br /> z <br /> V j { <br /> C fA4C <br />