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C-number: C-21-20-008-1

C-number: C-21-20-008-1-00
Item: #15
Revision: 00
Vote — approved
Jack Sellers yes
Bill Gates yes
Clint Hickman yes
Steve Chucri yes
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)
Attachments (1)

C-number: C-21-20-008-1-03
Item: #41
Revision: 03
Vote — approved
Thomas Galvin yes
Steve Gallardo yes
Jack Sellers yes
Bill Gates yes
Clint Hickman yes
41.AMENDMENT TO LEASE AGREEMENT WITH RAILROAD PROPERTIES, LLC. Approve and execute the Second Amendment to Lease Agreement with Railroad Properties, LLC., for County use of 3,600 rentable square feet (RSF) of office space located at 420 S. 3rd Avenue, Phoenix (L-7494). This amendment extends the term of the Lease Agreement for 65 months from August 1, 2022 to December 31, 2027 and increases the number of parking spaces from 14 to 66. The original 14 parking spaces are provided at no cost. The ad
Item Text
41. AMENDMENT TO LEASE AGREEMENT WITH RAILROAD PROPERTIES, LLC. Approve and execute the Second Amendment to Lease Agreement with Railroad Properties, LLC., for County use of 3,600 rentable square feet (RSF) of office space located at 420 S. 3rd Avenue, Phoenix (L-7494). This amendment extends the term of the Lease Agreement for 65 months from August 1, 2022 to December 31, 2027 and increases the number of parking spaces from 14 to 66. The original 14 parking spaces are provided at no cost. The additional 52 spaces are $30 per month per space. The first 5 months of the amended lease term are at no charge; the rent for months 6 – 17 is $25 per RSF plus rental tax with $0.50 annual escalations thereafter. The landlord is providing the County a tenant improvement allowance of $18,000. In addition, the County has a right to terminate the lease agreement, with no termination fee, after the 36th month of paid rent with 9 months written notice to the landlord. This site is located in Supervisorial District 5. (C-21-20-008-1-03)
Attachments (2)

2 item(s) sharing C-number base C-21-20-008-1