Agenda - 8-18-14 Recessed Meeting

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2. DIVISION OF RENTAL EXPENSES. Parties agree that each entity shall pay the lease expenses according to the terms of the lease, as described on Attachment A. 3. DIVISION OF UTILITY EXPENSES. City and County shall each pay one half (1/2) of the cost of utilities attributable to the occupancy of the building by city and county departments. SLPP shall be responsible for its own utility costs. 4. EQUIPMENT AND FURNISHINGS. City and County shall be responsible for furnishing the offices of their respective departments. Furnishings for conference rooms and open areas shared by all Tenants shall be paid for by mutual agreement of the County of Lee, City of Sanford and SLPP, except for those areas of the building not covered under the lease. 5. INFORMATION TECHNOLOGY. City and County shall be responsible for the telephone and internet service fees associated with their respective departments. 6. INSURANCE. City and County shall, at their own expense throughout the term of the lease, maintain fire and extended coverage insurance for furniture, supplies and equipment. Both City and County shall maintain public liability insurance including bodily injury and property damage and commercial liability insurance on the premises. Both City and County shall provide Landlord with a Certificate of Insurance naming Landlord as an additional insured and providing a ten -day written notice to Landlord in the event of cancellation or material change of coverage. EXISTING INTERLOCAL AGREEMENTS. All existing Interlocal agreements for the involved shared departments shall remain in full force and effect, except as they address rental payments and utility expenses which are modified above. 8. TERMINATION. In additional to the method of termination provided in paragraph 1, either party may terminate this agreement upon six (6) months' written notice to the other party. Notice shall be given: as to the City of Sanford: City Manager P.O. Box 3729 Sanford, NC 27331 -3729 as to the County of Lee: County Manager P.O. Box 1968 Sanford, NC 27331 -1968 9. EFFECTIVE DATE. This agreement shall be effective upon its adoption by the majority vote of the members of the governing board of the County and City and its due execution by the proper officials of each unit of government. The minutes of each unit of government shall record the action taken in accordance herewith. 10. AMENDMENTS. Upon mutual consent in writing, this agreement may be amended by the parties at any time for any reason.