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Agenda 04-07-2026; 8-q - Approval of Agreements for School Sales Tax Recapture
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Agenda 04-07-2026; 8-q - Approval of Agreements for School Sales Tax Recapture
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4/2/2026 2:58:48 PM
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4/7/2026
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Business
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Agenda
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8-q
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Agenda for April 7, 2026 BOCC Meeting
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13 <br /> however, that if the failure stated in the notice cannot reasonably be corrected within <br /> the applicable period and the defaulting party institutes corrective action within the <br /> applicable period, no Event of Default will be deemed to have occurred so long as the <br /> defaulting party diligently pursues the corrective action. The non-defaulting party <br /> may pursue any remedy available at law or in equity. <br /> ARTICLE VII <br /> ADDITIONAL PROVISIONS <br /> 7.1 Notices.Any communication which may or shall be made under this Master <br /> Lease must be in writing. For the purposes of this Master Lease, "writing" does not <br /> include facsimile transmission or electronic mail. <br /> Any communication under this Master Lease will be considered given on the <br /> delivery date shown on a United States Postal Service certified mail receipt, or a <br /> delivery receipt (or similar evidence) from a national commercial package delivery <br /> service, if addressed as follows: <br /> (a) if to Tenant, to Orange County- County Manager, Re: Notice under 2026 <br /> School Master Lease, Post Office Box 8181, Hillsborough, NC 27278 <br /> (b) if to Landlord, to Orange County Schools, Attn: Superintendent, Re: <br /> Notice under 2026 School Master Lease with Orange County, 200 East <br /> King St., Hillsborough, NC 27278 <br /> Any addressee may designate additional or different addresses for <br /> communications by notice given under this Section to each of the others. <br /> 7.2 Entire Agreement. This Master Lease and all of its exhibits hereto, together <br /> with the Interlocal Agreement and all Property Addition Forms and Property Removal <br /> Forms properly delivered between the parties constitute the entire agreement <br /> between Landlord and Tenant as to this general subject matter. No other prior written <br /> or prior or contemporaneous oral promises or representations are binding. Subject <br /> to Sections 2.1.1 and 2.1.2, this Master Lease may not be changed except by written <br /> instrument signed by both parties. <br /> 10 <br />
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