z
<br /> NORTH CAROLINA DRAFT
<br /> ORANGE COUNTY LEASE AGREEMENT
<br /> This lease agreement entered into this 6th day of March, 2002, by and between the Nutter Family Limited
<br /> Partnership III, 3111 Dairy Land Road, Hillsborough, NC, Orange County, North Carolina, hereinafter referred to
<br /> as "Owner" and the County of Orange, North Carolina, Hillsborough, North Carolina, a body politic and corporate
<br /> pursuant to North Carolina General Statutes 153A-11, PO Box 8181, Hillsborough, North Carolina, hereinafter
<br /> referred to as "County",
<br /> WITNESSETH:
<br /> The Owner hereby agrees to lease the property described below to the County for the purpose of developing a
<br /> soccer field for public play upon the following terms and conditions:
<br /> 1. The Property. The property herein leased is a tract and parcel of land, together with all improvements
<br /> located thereon, being all of Parcel B as shown on the plat entitled "Final Plat Subdivision for Maple View
<br /> Farm Soccer Field—Orange County Lease", dated August 7, 2001, last revised November 9, 2001, as
<br /> drawn by James H. Holland, Jr., P.L.S. of Holland Land Surveying, and recorded in Plat Book 89,
<br /> Page 59, Orange County Registry, hereinafter referred to as "Premises", attached as Exhibit A.
<br /> 2. Term. This Lease shall commence on the 6th day of March 2002 and unless sooner terminated as herein
<br /> provided shall exist and continue for a term of ten (10) years.
<br /> 3. Rental. The rental for the use of said premises shall be the sum of one dollar($1) per year, payable on or
<br /> before each anniversary date of this lease.
<br /> 4. Acceptance and Use of Premises. County agrees to accept the premises as they now exist with no
<br /> obligation on the part of Owner to make any improvements thereto, and agrees during the term of the
<br /> lease not to make any unlawful use of the premises, and to use the premises only for public purposes
<br /> authorized by law. Any and all improvements contemplated and/or undertaken by County pursuant to this
<br /> Lease shall be at the sole expense of County without reimbursement or contribution by Owner.
<br /> 5. Taxes. County agrees and covenants to reimburse Owner for any ad valorem or property taxes,
<br /> assessments, or public charges on the premises, and on any improvements located on said premises.
<br /> The reimbursement shall be made within a reasonable time after Owner presents County a copy of paid
<br /> bills or other suitable documentation.
<br /> 6. Operation. The property hereby leased shall be operated by County entirely free of control and direction
<br /> of Owner, subject to the conditions herein contained. The relationship herein created is strictly the
<br /> relationship of landlord and tenant, it being understood that the parties are not principal and agent.
<br /> 7. Nuisances. County agrees not to commit or permit any nuisance on the property hereby leased. County
<br /> further agrees throughout the term of this Lease Agreement, at its own expense, to promptly comply with
<br /> the lawful requirements of every applicable statute, law, ordinance, regulation or order by any federal,
<br /> state, county municipal or other public body, department, commission, bureau or officer with respect to
<br /> the use and occupancy of the premises. Provided, however, County may, at its own expense, contest the
<br />
|