AG 2006 01 23 - Laserfiche WebLink

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First Amendment to Lease Agreement between KannapoJis Land, Inc. and Cabarrus County This First Amendment is made and entered into this _ day of by and between KannapllJis Land, Inc., a North Carolina corporation Cabarrus County, a govermnentaJ entity ("Tenant"). ,2006, ("Landlord") and Landlord and Tenant entered into a Lease Agreement (the "Lease") dated December 1, 1996: Landlord has agreed to perform certain maintenance and repair work on the Demised Premises, and Landlord and Tenant have agreed to extend the term of the Lease. This First Amendment is entered by Landlord and Tenant in consideration of the mutual covenants and agreements set forth herein. 1. Notwithstand~g the provisions of the Lease, including but not limited to Section 7 thereof, Landlord agrees. to perform the following maintenance and repair work on the Demised Premises: a) Landlord will proceed with the major improvements to the building and parking lots in accordance with the architects and engineers recommendations with a goal of completion within 4 to 5 months after approval from Tenant 'I}e said improvements to include the fo 110 wing: · Parking Lot Lighting - Forty new rc;h" with two on each pole and all poles shall be painted or, if damaged, replace.,;. · Parking Lot Asphalt - The entire parking lot including the front and back of the facility will have an asphalt overlay with new parking lot striping and directional arrows. New ~ustom stop signs shall be included. · Sidewalk - The entire front sidewalk shall receive an overlay for an "as new" appearance (s4nilar to what is often found in aircraft hangers). · Exterior Painting - The exterior of the building shall be painted in its entirety and Tenant shall s~lect the color or color patterns. · Building - The front of the building shall be renovated to include a new brick tower at the I!lIlin entrance to create a tower larger, but similar, to the rest of the shopping center, and an additional new tower for the Health Alliance area with a smaller tower i that also will be similar to the existing shopping center. All exposed metaL support columns along the front shall be enclosed to match the round design Qn an existing portion of the building near the Health Alliance entrance. 995181 r- I L{- I I I I I I I I I I I I I I I I I I I