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STATE OF NORTH CAROLINA HISTORIC COURTHOUSE <br />LEASE AND USE AGREEMENT <br />COUNTY OF CABARRUS <br />This HISTORIC COURTHOUSE LEASE AND USE AGREEMENT <br />( "Agreement ") is made and entered into effective July 1, 2015 by and among <br />CABARRUS COUNTY, ( "County "), THE CABARRUS ARTS COUNCIL, INC., <br />( "Arts Council ") and HISTORIC CABARRUS ASSOCIATION, INC. ( "Historic <br />Cabarrus"). <br />RECITALS <br />1. The County is the owner of a parcel or tract of land and improvements at <br />the corner of Union Street, South and Means Avenue adjacent to its present County <br />Courthouse in the City of Concord, North Carolina, which improvements are known as <br />the Cabarrus County Historic Courthouse ( "Historic Courthouse "). For purposes of this <br />Agreement, the usable exterior area of the Historic Courthouse, including the front steps <br />and porch and the parcel on which the Historic Courthouse is located shall be identified <br />as the "Grounds ". A legal description of the Grounds, which includes the Historic <br />Courthouse, is attached as Exhibit A and incorporated by reference. <br />2. For many years, both Arts Council and Historic Cabarrus (and other non- <br />profit organizations) have used the Historic Courthouse for offices and meetings and to <br />host or stage events. The rent charged to each by the County has been nominal. Both <br />Arts Council and Historic Cabarrus have utilized their funds and have raised funds to <br />restore and improve the interior of the Historic Courthouse and to make it an attractive <br />and viable museum and arts destination, with galleries and a theater. <br />3. The County has also provided significant funding over the years for <br />renovation, repair and maintenance of the Historic Courthouse and the Grounds, in order <br />to establish it as an iconic structure and a symbol of Cabarrus County and its history and <br />culture. <br />Attachment number 1 \n <br />E -1 Page 36 <br />