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STATE OF NORTH CAROLINA CONCORD LIBRARY <br /> GROUNDS LEASE <br /> COUNTY OF CABARRUS <br /> THIS CONCORD LIBRARY GROUNDS LEASE ("Lease") is made and <br /> entered into effective October 1, 2015 by and between CABARRUS COUNTY <br /> ("County") and 23 UNION LLC ("Lessee"). <br /> RECITALS <br /> 1. Lessee desires to lease a certain portion of the County's grounds to the south of <br /> the County's Concord Public Library,located at 27 Union Street,North in Concord,Cabarrus <br /> County,North Carolina to use as an outdoor seating area adjacent to a planned restaurant in <br /> Lessee's building located at 23 Union Street,North in Concord. <br /> 2. The County is willing to lease to Lessee that certain area to the Lessee,which <br /> area is more particularly described below. <br /> 3. The County is authorized to lease such property pursuant to the provisions of <br /> N.C. Gen. Stat. §160A-272,the provisions of which have been complied with prior to the <br /> execution of this Lease. <br /> 4. This Leas shall be subject to the Terms contained below. <br /> In consideration of the above Recitals and the Terms below, which the parties <br /> acknowledge create a legally binding agreement, the parties agree as follows. <br /> TERMS <br /> 1. Demised Premises. The County leases to Lessee and Lessee lease from <br /> the County that certain area of the grounds of the Concord Public Library located <br /> generally between the sidewalk to the parking lot, which is located to the south of the <br /> Library building, and the northern wall of Lessee's building at 23 Union Street,North. <br /> This area is termed the Demised Premises and is more particularly described in the <br /> survey attached as Exhibit A and incorporated by reference. <br /> Attachment number 2\n <br /> E-1 Page 23 <br />