Orange County NC Website
STATE OF NORTN CAROLINA <br />COUNTY OF ORANGE <br />AMENDMENT TO LEASE <br />WHEREAS a lease agreement was made and entered into as of the sixteenth day of <br />February, 1999, by and between the County of Orange, a political subdivision of the State of <br />North Carolina, hereinafter referred to as "County" and Durham Technical Community College, <br />whose mailing address is 1637 Lawson Street, Durham, North Carolina 27703, (hereinafter <br />referred to as Durham Tech.) <br />W ITNESSETH: <br />WHEREAS, the parties hereto have mutually agreed as herein set forth; <br />Section 3 shall be modified to read as follows: <br />TERM: The term of this renewal shall commence on July 1, 2004 and shall <br />terminate on July 1, 2009, unless Durham Tech no longer provides services consistent <br />with those offered at the Skills Development Center, or is unable to meet the <br />performance standards as set out by the Skills Development Advisory Committee, under <br />which circumstances this lease shall be terminated with sixty (60) days notice to Durham <br />Tech. <br />2, Section 4 shall be modified to read as follows: <br />RENT: Durham Tech shall pay to the County the sum of $109,176 per annum, <br />payable in monthly installments of $9,098, each monthly installment payable on the first <br />day of each month during the term of this lease renewal, This rent shall be suspended in <br />favor of in-kind contribution from the County to Durham Tech. <br />Except as expressly modified herein, all of the terms, covenants, and conditions of the lease are <br />hereby ratified and confirmed to be in full force and effect. <br />IN TESTIMONY WHEREOF, this amendment has been executed, by the parties hereto, this 8th <br />day of June, 2004. <br />Durham Technical Community College <br />Dr, Phail Wynn, Jr, President <br />County of Orange <br />Barry Jacobs, Chair <br />ATTEST: ATTEST: <br />Donna S. Baker, Clerk to the Board <br />