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ICABARAUSCOUPITY] <br /> <br />#ORIH CAROLINA <br /> <br />MEMORANDUM <br /> <br />To: <br /> <br />From: <br /> <br />Frank Clifton, Jr. <br />Blair Bennett ~ <br /> <br />Date: March 30, 2000 <br /> <br />Subject: Historic Cabarrus Lease <br /> <br />We have received a request from Historic Cabarms, Inc. to extend their lease and to make <br />some minor changes therein. Historic Cabarrus requests that the current lease, which ends <br />June 30, 2003, be extended to June 30, 2015. There is a possibility of receiving grants or <br />loans through the Redevelopment Corporation which would be used to do extensive <br />renovation to the inside of the building. One of the conditions for a grant/loan would <br />involve granting a sublet to them for years beyond the current lease conditions. <br /> <br /> Other minor changes made to the lease are as follows: <br />> Old Cabarrus County Courthouse now changed throughout lease to read Historic <br /> Cabarrus County Courthouse <br />)~ Where the v~ord "restoration" appears throughout now changed to read "renovation" <br />} In item//9 currently the lease reads Annual Contract Cleanup of Building - $1,300 <br /> and Oversee Public Use of Building - $1,200 now combined into Annual Cleanup <br /> Contract/Oversee Public Use - $2,500. Also current lease allows for Vacuum <br /> Equipment - $1,100 change to Equipment - $1,100. <br /> <br />I have attached a newly revised lease together with the above mentioned revisions with <br />this memo. Please consider adding this request to the April 17th Board of Commissioners <br />agenda. Let me know if, you believe we need a representative from Historic Cabarrus, <br />Inc. to be in attendance at the meeting. <br /> <br />Finance Department <br /> <br /> <br />