Vote: approved

Item Text

54. AMENDMENT TO LEASE AGREEMENT WITH HOUSING FOR HOPE, INC. Approve and execute Amendment No. 9 to Lease Agreement L-7410 with Housing for Hope, Inc, for the use of 1,890 square feet of classroom space and certain playground area located at 466 South Bellview Street, Mesa, Ar izona. The space is utilized by the Maricopa County Human Services Department for the Early Education Division to provide Head Start program services. The purpose of this Amendment is to address the following: (A) renew and extend the term of the Lease; ( B) provide for a renewal option; (C) establish reserved parking spaces; (D) replace alteration provisions; (E) approve certain Lessor maintenance; (F) replace termination language; (G) add Subordination and Attornment and Estoppel provisions; and (H) repla ce counterpart language. The term of the Lease shall be extended for ten (10) years to commence on October 1, 2022 and expire September 30, 2032, beginning at its current Lease rate of $14.08 per SF plus rental tax with an annual increase of 2.5%. The Le ase is subject to termination pursuant to the provisions of A.R.S. 38-511. Either Lessor or Lessee may terminate the Lease by giving three hundred sixty-five (365) days prior written notice of termination to the other Party. All other terms and conditions of the Agreement and previously approved Amendment remain the same and full force and effect. Supervisory District 2 (C-22-10-044-1-10)

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