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NORTH CAROLINA <br /> <br />CABARRUS COUNTY <br /> <br /> THIS AMENDED AND RESTATED LEASE, made and entered into this the <br />__day of March, 2001 by and between CABARRUS COUNTY, North Carolina, a <br />body politic and political subdivision of the State of North Carolina (hereina~er called <br />the "County") and HISTORIC CABARRUS, INC., a non-profit corporation <br />organized and existing under the laws of the State of North Carolina, having its principal <br />office in the City of Concord, Cabarrus County, North Carolina (hereinafter called <br />"Historic Cabarrus"). <br /> <br /> WITNESSETH THAT: <br /> <br />· WHEREAS, on or about May 10, 2000, the County and Historic Cabarrus entered into a <br />lease of the property hereinafter described, known as the "Historic Cabarrus County <br />Courthouse" ( hereinafter referred to as the "Courthouse") more fully described as: <br /> <br /> Lying and being in Ward No. 3 of the City &Concord, North <br />Carolina, on the east side of South Union Street and on the south <br />side of Means Avenue and being the lot upon which the old Cabarrus <br />County Courthouse is located and described as follows: <br /> BEGINNING at a point in the southeast intersection of <br />South Union Street and Means Avenue and running thence with <br />Means Avenue in an easterly direction to a point: thence in a <br />southerly direction parallel with and 40 feet from the rear wall of the <br />Historic Cabarms County Courthouse to a point: thence in a <br />westerly direction along a line midway between the south wall of the <br />Historic Cabarrus County Courthouse and the 'edge of the bottom <br />step On the north side of the new Cabarms County Courthouse to a <br />point in the east edge of South Union Street; thence with South <br />Union Street in a northerly direction to the BEGINNING. <br /> <br /> VOtEREAS, the parties have decided to renegotiate the May 10, 2000 lease in <br />accordance with the terms and conditions more fully set forth below. <br /> <br /> NOW TI-~REFORE, IN CONSIDERATION OF THE PREMISES AND <br />OTHER GOOD AND VALUABLE CONSIDERATION, THE SUFFICIENCY OF <br />WHICH THE PARTIES HEREBY ACKNOWLEDGE, THE PARTIES AGREE <br />AS FOLLOWS: <br /> <br /> <br />