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C-number: C-50-01-014-4

C-number: C-50-01-014-4-03
Item: #25
Revision: 03
Item Text
25. AMENDMENT TO LEASE L-7301 WITH TOWN OF CAVE CREEK Approve and authorize the Chairman to execute Amendment No. 3 to Lease Agreement No. L7301 with the Town of Cave Creek, Lessor, for 4,432 square feet of office space located at 37622 North Cave Creek Road, Cave Creek, Arizona. This amendment extends the term of the lease for an additional five (5) years to commence September 1, 2020 and expire August 31, 2025. The rental rate will be $23.00 per square foot, $8,494.67 per month, for an annual fee of $101,936 plus applicable rental tax (currently 3.5% ) and utilities. The cost per square foot will increase .50 cents per year beginning September 1, 2021. This space functions as a sub-station housing a number of MCSO personnel assigned to Patrol District IV, which responds to calls for service for the Towns of Cave Creek and Carefree. A portion of this cost is recovered in the contracts for Law Enforcement Service with these towns. (C-50-01-014-4-03)
Attachments (1)
LEASE RE L-7301 AMD 3 CAVE CREEKF.PDF pdf

C-number: C-50-01-014-4-04
Item: #52
Revision: 04
Vote — approved
Thomas Galvin yes
Steve Gallardo yes
Kate Brophy McGee yes
Debbie Lesko absent
Mark Stewart yes 
Ayes: Thomas Galvin, Kate Brophy McGee, Mark Stewart, Steve Gallardo Absent: Debbie Lesko
Item Text
52. AMENDMENT TO LEASE BETWEEN THE TOWN OF CAVE CREEK AND MARICOPA COUNTY Approve and authorize the Chairman to execute the Fourth Amendment to Lease Agreement No. L7301 with the Town of Cave Creek, Lessor, for 4,432 square feet of office space located at 37622 North Cave Creek Road, Cave Creek, Arizona. This amendment extends the term of the lease for an additional five (5) years to commence September 1, 2025 and expire August 31, 2030. The rental rate will be $25.50 per square foot, $9,418.00 per month, for an annual fee of $113,016.00 plus applicable rental tax (currently 3.5%) and utilities. The cost per square foot will increase fifty cents ($0.50) per year beginning September 1, 2026. This space functions as a MCSO sub-station, housing several personnel that respond to calls for service for the Towns of Cave Creek and Carefree. Supervisory District- which Supervisory District - 3 (C-50-01-014-4-04)
Attachments (1)
L-7301 AMENDMENT FOUR FINAL.PDF pdf

2 item(s) sharing C-number base C-50-01-014-4