Item:
Title
Approval to Renew the Lease Between Mbaye Fall and Seynabou Mbengue, individuals D/B/A Thiosanne African Hair Braiding and Durham County for the Shoppes at Hope Valley, Suite 137 until October 31, 2027, at a monthly lease amount of $2,706.34 with a 3% annual escalation amount plus an initial monthly Common Area Maintenance Fee of $400/month.
Body
Date of BOCC Meeting: February 24, 2025
Request for Board Action:
Agenda Text
The Board is requested to approve and authorize execution of a Lease Renewal with Mbaye Fall and Seynabou Mbengue, individuals D/B/A Thiosanne African Hair Braiding (Thiosanne) at the Shoppes at Hope Valley located at 3825 South Roxboro Street, Suite 137, for the period November 1, 2024, through October 31, 2027, in accordance with the terms and conditions as set forth in the Lease Agreement and Lease Renewal attached to this agenda item.
This renewal will continue Thiosanne's tenancy under the terms of the original lease as previously executed by the County's predecessor-in-interest in the Shoppes at Hope Valley for a period of three years.
This lease renewal has been reviewed and approved by the County Attorney's Office and is in proper form. The delay in seeking approval for this lease renewal is due to updates to the insurance requirements from the previous lease requirements to meet the County requirements. The Tenant was able to secure a Certificate of Insurance in January.
Alignment with Strategic Plan: The attached Lease Renewal supports Sustainable Infrastructure & Environment Plan for long-term use of County land, facilities, and equipment.
Resource Persons: Nancy Mitchell, Senior Real Estate Officer; Peri Manns, Deputy Director Engineering and Environmental Services; Jay Gibson, Director, Engineering and Environmental Services; Julio Delgado, Assistant County Manager.
County Manager's Recommendation: The County Manager recommends that the Board approve and authorize execution of a Lease Renewal with ...
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