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59. AMENDMENT TO LEASE AGREEMENT WITH 501 N. 44TH STREET LLC Approve, and authorize the Chairman to execute, a Fourth Amendment to Lease Agreement No. L-7367 with 501 N. 44th Street LLC, Landlord, for reimbursement of costs associated with mechanical and electrical improvements to leased space at 501 N. 44th Street in Phoenix. The Fourth Amendment to Lease Agreement L-7367 authorizes the Landlord to complete certain electrical and mechanical improvements to the county’s leased space at the subject site. The mechanic and electrical improvements are part of the County-wide OET Refresh Project and the subject improvements support the County’s voice-data system at this leased location. In addition, under this Fourth Amendment, the Landlord will remove a supplemental air conditioning unit that no longer supports the leased premises. The County will reimburse the Landlord for the Landlord’s cost of the subject work at an amount not to exceed $63,000.00 plus taxes. The Lessor anticipates completing the subject mechanical and electrical work on, or before, May 31, 2015. (C-44-05-014-0-03)

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60. ADMINISTRATIVE CHANGE TO RECOGNIZE NEW OWNER/LESSOR FOR USE OF OFFICE SPACE Approve an administrative change to Lease Agreement No. L-7367 to recognize 501 GATEWAY, LLC as the new property owner with regards to the Planning and Development office space at 501 N. 44th Street, Phoenix, AZ. Pursuant to Section 34.23 of Lease L-7367, the County recently received formal notice on December 22, 2015, that 501 Gateway, LLC, is the new property owner and successor in interest via Special Warranty Deed as recorded with the County Recorder on February 1, 2016, Maricopa County Recorder number 2016-0066703. All rent payments and Notices under the Agreement shall be sent to Knight Management, 5055 E. Washington Street, Suite 115, Phoenix, AZ 85034, the new property manager. (C-44-05-014-0-04)

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