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8 <br /> 1 Slide #4 <br /> Chapel Fill Office Location <br /> 419 W.Franklin St.—Existing Well Do(office location highlighted in Fled <br /> 501 &503 W„Fran k I i n Street and 108 S Roberson Street- Proposed <br /> additional location highlighted in Purple <br /> ORANGE COUNTY <br /> 2 <br /> 3 <br /> 4 Slide #5 <br /> Lease Agreement <br /> Initial ten year lease term with option for two additional five year <br /> terms_ <br /> • Well Dot. Inc.,will pay Orange County an initial deposit of <br /> $250,000.00an i then S404,576.04 in rent payments annually for the <br /> first sic years. <br /> RenI will adjust to the market rate in year seven of the lease and <br /> begin a 2% annual increase in year eight. <br /> On any lease anniversary date during the initial term Well Dot, Inc_, <br /> may exercise an option to purchase the property. <br /> ORANGE COUNTY <br /> .5 NORTI L CkR u_INA <br /> 5 <br /> 6 <br /> 7 <br /> 8 <br />