Lease, Building, Old County Courthouse

This contract is a lease and management agreement between Collin County, Texas, and the City of McKinney, Texas, for the Old Collin County Courthouse building. The term of the lease is 99 years, beginning on November 8, 2002. The City of McKinney will take possession and occupancy of the building within 15 days of the commencement date. The lease agreement includes provisions for the use of the courtroom area by the county, as well as the management and maintenance of the building. Key points to consider are: • The lease term is for 99 years, which is a long-term commitment. • The City of McKinney will be responsible for managing and maintaining the building. • The county will have access to the courtroom area for certain purposes. • The lease agreement includes provisions for the use of the adjacent parking lot, drives, and appurtenances.