C-number: C-21-20-008-1-00
Revision: 00
Vote — approved
15.LEASE AGREEMENT L-7494 WITH RAILROAD PROPERTIES, LLC Approve and authorize the Chairman to execute Lease Agreement L-7494 (Agreement) between Maricopa County (Lessee) and Railroad Properties, LLC, an Arizona limited liability company (Lessor), for the use of 3,600 square feet of office space located at 420 S. 3rd Avenue, Phoenix, Arizona, 85003 and, approve and authorize the Deputy County Manager for Maricopa County or the Real Estate Director for Maricopa County, each individually and separa
Item Text
15. LEASE AGREEMENT L-7494 WITH RAILROAD PROPERTIES, LLC Approve and authorize the Chairman to execute Lease Agreement L-7494 (Agreement) between Maricopa County (Lessee) and Railroad Properties, LLC, an Arizona limited liability company (Lessor), for the use of 3,600 square feet of office space located at 420 S. 3rd Avenue, Phoenix, Arizona, 85003 and, approve and authorize the Deputy County Manager for Maricopa County or the Real Estate Director for Maricopa County, each individually and separately, to administer this Agreement as appropriate and necessary, which authority includes but is not limited to, execution of Subordination, Non-Disturbance and Attornment, Estoppel, and Notice documents. This Agreement is to provide additional office space near Maricopa County Elections’ MCTEC Office to meet the CDC’s recommended social distancing guidelines for staff and volunteers working on the upcoming Primary and General elections. The Agreement will commence upon signature of both parties and expire thirteen (13) months from that date. As consideration for the full service lease the County will pay a monthly rental fee of $6,360.00 per month plus rental tax (which includes a total of $60 per month for 3 covered parking spaces), within thirty (30) days of receipt of invoice. The thirteenth (13th) month of rent is gratis if the Agreement is not terminated prior to. This Agreement is subject to A.R.S. § 38-511 and may be terminated by the County at any time after third month of the Term for any reason or no reason upon thirty (30) days’ prior written notice to Lessor. County may also terminate this Lease at the end of any fiscal year due to non-appropriation of funds without any penalty or liability to County. (C-21-20-008-1-00)
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