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AG 2017 02 20
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AG 2017 02 20
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Last modified
2/22/2017 11:54:50 AM
Creation date
11/27/2017 10:27:23 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
2/20/2017
Board
Board of Commissioners
Meeting Type
Regular
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such examination, inspection or showing will not unreasonably interfere with Tenant's <br /> use of the Premises. <br /> S. Alterations b y Tenant. Tenant shall have the right, at its own cast and expense, at <br /> any time and from time to time, to request Lessor's prior written permission to make <br /> alterations to and within the Premises. All additions, alterations, improvements and <br /> fixtures (except Tenant's removable trade fixtures) shall remain upon the Premises at <br /> tine termination of this Lease without compensation or allowance or credit to Tenant, <br /> except in the event Lessor requests in writing prior to The termination of the Lease that <br /> Tenant must remove any Tenant installed improvements. In such case. Tenant must <br /> remove die specified improvements promptly upon termination of this Lease and restore <br /> the Premises to its original condition, normal wear and tear excepted. However, in the <br /> event the Lessor should terminate this Lease without cause, The contributions by the <br /> State of North Carolina on behalf of Tenant and in accordance with Lessor approved <br /> construction, renovation and restoration of the Premises, if any, will be recognized on a <br /> five percent (5%) yearly depreciation schedule and Lessor shall pay Tenant the value of <br /> any useful life attributable to such improvements, based upon such depreciation <br /> schedule, <br /> In no event shall Tenant leave the right or authority to create, or permit there to be <br /> established, any contractor's, mechanic's, materialman's or other lien or encumbrance <br /> of any nature agairnst the Premises for improvements made or caused to be performed at <br /> the request of Tenant, Tenant shall, within 5 business days after Tenant receives notice <br /> of the tiling of any lien for such work, duly discharge the lien or contest such lien by <br /> posting a bond equal to the amount of the disputed claim with companies reasonably <br /> satisfactory to Lessor, In the event that such lien is not released and removed or <br /> bonded within ten (10) business days after Tenant has received notice thereof, Lessor, <br /> in its sole option, may take all action necessary to release and remove or bond such lien <br /> (without any duty to investigate the validity thereof) and Tenant shall promptly, upon <br /> notice, reimburse Lessor for all reasonable stems, casts and expenses, including without <br /> limitation, reasonable attorney's fees and other expenses incurred by Lessor in <br /> connection with such lien. <br /> 9. Provision of Certain ServicesfUtilitiesfAdditional Rentff axes. Lessor will furnish <br /> to the Premises all connections for electricity, water, sewer, gas (if currently used in <br /> the Premises). Tenant shall be solely responsible for providing such services to the <br /> Premises in addition to telephone service, cable television and/or computer line service <br /> to the Premises. Tenant shall contract directly for and pay directly to the company <br /> providing all such services. Tenant agrees to pay on a timely basis for the use of ail <br /> utilities for the Premises, including without limitation, all electricity, gas (if currently <br /> available) and water and sewer at the Premises. To the extent Tenant's occupancy of <br /> the Premises for any reason results in payment of taxes on the Premises, such taxes <br /> shall be the sole and exclusive responsibility of Tenant. <br /> 10. Sublease and Assignment. Tenant shall not, without prior written consent of <br /> Lessor, assign or otherwise transfer this Lease or any interest hereunder or sublet the <br /> Attachment number 1 \n <br /> F-4 Page 63 <br />
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