Lease and Purchase Option Agreement Sample Contracts

LEASE AND PURCHASE OPTION AGREEMENT
Lease and Purchase Option Agreement • August 14th, 2019 • Virginia

entered into as of this day of , 2019, by and between the Williamsburg Area Transit Authority (“WATA”), a political subdivision of the Commonwealth of Virginia (the “Lessor”), and York County, a political subdivision of the Commonwealth of Virginia (the “Lessee”).

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AGREEMENT (this “Lease”) is made and entered into as of this day of
Lease and Purchase Option Agreement • March 14th, 2018 • Virginia

2018, by and between JAMES CITY COUNTY, a political subdivision of the Commonwealth of Virginia (the “County”), WILLIAMSBURG AREA TRANSIT AUTHORITY, a political subdivision of the Commonwealth of Virginia (“WATA”) and the successor in interest to the James City County Transit Company, a Virginia corporation, (WATA and the County are collectively called, the “Lessor”), and THE COLONIAL WILLIAMSBURG FOUNDATION, a Virginia non-stock, non-profit corporation (the “Lessee”) and all the parties to this Lease collectively the “Parties”.

LEASE AND PURCHASE OPTION
Lease and Purchase Option Agreement • July 24th, 2015 • California
SECOND AMENDMENT
Lease and Purchase Option Agreement • April 14th, 2021

PURCHASE OPTION AGREEMENT ("Second Amendment") is made effective as of this 13th day of January, 2021 by and among WILLIAMSBURG AREA TRANSIT AUTHORITY, a political subdivision of the Commonwealth of Virginia (“WATA”) and THE COLONIAL WILLIAMSBURG FOUNDATION, a Virginia non-stock, non-profit corporation (“CWF”) and all the parties to this Second Amendment collectively the “Parties”.

LEASE AND PURCHASE OPTION AGREEMENT
Lease and Purchase Option Agreement • January 8th, 2020

WHEREAS, James City County, a political subdivision of the Commonwealth of Virginia (“County”), Williamsburg Area Transport Company, a Virginia corporation (“WAT” and together with the County the “Lessor”) and York County entered into a Lease and Purchase Option Agreement dated January 24, 2006 and effective as of October 3, 2006 (the “Lease”).

After Recordation, please return to:
Lease and Purchase Option Agreement • December 28th, 2015 • Colorado
FIRST AMENDMENT
Lease and Purchase Option Agreement • February 12th, 2020

OPTION AGREEMENT ("First Amendment") is made as of this day of , 2020 by and among WILLIAMSBURG AREA TRANSIT AUTHORITY, a political subdivision of the Commonwealth of Virginia (“WATA”), JAMES CITY COUNTY, a political subdivision of the Commonwealth of Virginia (the “County”) and THE COLONIAL WILLIAMSBURG FOUNDATION, a Virginia non-stock, non-profit corporation (“CWF”) and all the parties to this First Amendment collectively the “Parties”..

FIRST AMENDMENT TO
Lease and Purchase Option Agreement • July 14th, 2021

(“Amendment”) is made as of this day of 2021 by and between WILLIAMSBURG AREA TRANSIT AUTHORITY, a political subdivision of the Commonwealth of Virginia (“WATA” or “Lessor”), and YORK COUNTY, a political subdivision of the Commonwealth of Virginia (“York County” or “Lessee”).

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