Laserfiche WebLink
L <br />BOOK 120 PACE 845 <br />STATE OF NORTH CAROLINA <br />r <br />LEASE AGREEMENT <br />COUNTY OF LEE <br />THIS LEASE AGREEMENT, entered into this 20th day of March, 2006, by and between <br />LEE COUNTY, a political subdivision of the State of North Carolina, hereinafter referred <br />to as "COUNTY"; Lee County Board of Education, hereinafter referred to as <br />"SCHOOLS"; and the Liga De Futbol Soccer San Lee Sanford, NC, Inc., hereinafter <br />referred to as "LEAGUE"; <br />WITNESSETH: <br />WHEREAS, COUNTY owns a certain tract of land designated for fixture development <br />for SCHOOLS, and is agreeable for this property to be used on a temporary basis until <br />such time as construction of schools may begin, and; <br />WHEREAS, SCHOOLS are agreeable to this temporary use of the property, and; <br />WHEREAS, LEAGUE desires access to areas suitable for soccer, and is agreeable to <br />provide for maintenance, supervision, and all related expenses for their use; <br />NOW THEREFORE, in consideration of the premises and mutual covenants and <br />conditions contained herein, the parties agree as follows: <br />1. Leased Prooerty. The leased property (hereinafter referred to as "Property" is a <br />parcel of land in Lee County, North Carolina, described in Exhibit A attached hereto. <br />II. Term. The term of this lease begins on the _ day of _ 12006, and runs until <br />such time as construction begins on the planned school for this site or sooner terminated <br />as provided herein. <br />III. Rent. League shall pay rent of ONE AND NO/100 DOLLARS ($1.00) per year. <br />IV. PERFORMANCE OBLIGATIONS. <br />A. COUNTY, in consideration of the above, agrees to the following during <br />the designated period of March 1 and November 30. <br />Provide trash receptacles, liners, and weekly servicing of the receptacles. <br />2. Provide one (1) pair of regulation size goals. <br />Conduct routine inspections of the facilities. <br />