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55 <br /> <br />maintainin9 the facility since it completed the initial renovation around <br />1980. The organization will maintain an office in the courthouse through the <br />current lease term of 2015. The County will use the remainder of the <br />building for other offices. <br /> <br /> Mr. Jack Foard, President of Historic Cabarrus, Inc., stated the <br />organization does not have the income to adequately maintain the facility and <br />would rather use its resources to gather and teach the histo.~y of Cabarrus <br />County. <br /> <br /> There was brief discussion about the county, s responsibility in <br />constructing and maintaining County facilities, including parks and the <br />historic courthouse, for use by the citizens of Cabarrus County. <br /> <br /> Mr. Day asked for the addition of the words ~contents of" to Section 5, <br />Historic Cabarrus Responsibilities (b) Insurance, of the Lease Agreement. <br />This change was made to the proposed lease. <br /> <br /> UPON MOTION of Commissioner. Privette, seconded by CommissiOner Suggs <br />and unanimously carried, the Board approved the following lease between <br />Cabarrus County and Historic Cabarrus, Inc. as amended, and authorized the <br />County Manager to execute the lease on behalf of Cabarrus County. <br /> <br />NORTH CAROLINA <br />CABARRUS COUNTY <br /> <br /> THIS AMENDED AND RESTATED LEASE, made and entered into this the 26th day <br />of March, 2001 by and between CABARRUS COUNTY, North Carolina, a body politic <br />and political subdivision of the State of North Carolina (hereinafter called <br />the "County") and HISTORIC CABARRUS, INC., a non-profit corporation organized <br />and existing under the laws of the State of North Carolina, having its <br />principal office in the City of Concord, Cabarrus County, North Carolina <br />(hereinafter called "Historic Cabarrus"). <br /> <br />WITNESSETH THAT: <br /> <br />WHEREAS, on or about May 10, 2000, the County and HistoriC Cabarrus entered <br />into a lease of the property hereinafter described, known as the "Historic <br />Cabarrus County Courthouse" (hereinafter referred to as the ~Courthouse") <br />more fully described as: <br /> <br /> Lying and being in Ward No. 3 of the City of 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 <br />Cabarrus County Courthouse is located and described as follows: <br /> BEGINNING at a point in the southeast intersection of South <br />Union Street and Means Avenue and running thence with Means <br />Avenue in an easterly direction to a point: thence in a southerly <br />direction parallel with and 40 feet from the rear wall of the <br />Historic Cabarrus County Courthouse to a point: thence in a <br />westerly direction along a line midway between the south wall of <br />the Historic Cabarrus County Courthouse and the edge of the <br />bottom step on the north side of the new Cabarrus County <br />Courthouse to a point in the east edge of South Union Street; <br />thence with South Union Street in a northerly direction to the <br />BEGINNING. <br /> <br /> WHEREAS, the parties have decided to renegotiate the May 10, 2000 lease <br />in accordance with the terms and conditions more fully set forth'below. <br /> NOW THEREFORE, IN CONSIDERATION OF THE PREMISES AlqD OTHER GOOD AI~D. <br />VALUABLE CONSIDERATION, THE SUFFICIENCY OF WHICH THE- PARTIES HEREBY <br />ACKNOWLEDGE, THE PARTIES AGREE AS FOLLOWS: <br /> <br />LEASED SPACE. Historic Cabarrus will lease the room in the Courthouse <br />located on the first floor in the southwest corner of the Courthouse, <br />now known as the Museum Room. At the County's discretion, other space <br />in the building of equal or greater size may by substituted for the <br />Museum Room. Historic Cabarrus will also have shared use of a <br />conference room in the Courthouse. Hereafter, the Museum Room and <br />shared use of a conference room shall be collectively referred to as <br />the ~Leased Premises". The County will install electrical and <br />telephone connections in the LeaSed Premises for the use of Historic <br />Cabarrus. ~ <br /> <br />2 o <br /> <br />TERM OF LEASE. This lease shall commence effective the date hereof <br />and shall continue through the 30th day of June, 2015. <br /> <br /> <br />