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38. AMENDMENT NO. 1 TO LEASE AGREEMENT L-7381 WITH 4041 CENTRAL PLAZA LLC Approve and authorize the Chairman to execute Amendment No. 1 to Lease Agreement L-7381 between 4041 Central Plaza, LLC, as Lessor, and Maricopa County for lease consolidation and renewal of 50,972 square feet of office space at 4041 N. Central Avenue, Phoenix, Arizona, and authorize an exception to policy A-1920, which limits lease terms to 60 months. The new lease terms stipulated in Amendment No. 1 of Lease Agreement L-7381 will be effective July 1, 2011. Amendment No. 1 will expand the leased premises to 50,972 rentable square feet by inclusion of 16,024 rentable square feet on Floor 14. Amendment No. 1 will extend the lease term for an additional 7 years with a new termination date of June 30, 2018. The subject amendment also adjusts the rental rates during the renewal term and provides the county with a $2.00 per square foot tenant improvement allowance. This First Amendment to Lease Agreement L-7381 was endorsed by the County’s Facility Review Committee during April of 2011. (C-86-06-044-4-01)

Attachments (1)

Vote: approved

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A-3. ADMININSTRATIVE CORRECTION TO AMENDMENT TO LEASE AGREEMENT WITH 4041 CENTRAL PLAZA LLC Approve an Administrative Correction to an action taken on May 11, 2011 (C-86-06-044-4-01) that approved and authorized the Chairman to execute Amendment No. 1 to Lease Agreement L-7381 between 4041 Central Plaza, LLC, as Lessor, and Maricopa County for lease consolidation and renewal of 50,972 square feet of office space at 4041 N. Central Avenue, Phoenix, Arizona, and authorize an exception to policy A-1920, which limits lease terms to 60 months. The correction will change the dates to the correct fiscal year notations as indicated below: FY2011-12 = $679,627 Expenditure FY2012-13 = $794,314 Expenditure FY2013-14 = $841,038 Expenditure FY2014-15 = $887,762 Expenditure FY2015-16 = $832,543 Expenditure FY2016-17 = $917,496 Expenditure FY2017-18 = $917,496 Expenditure This First Amendment to Lease Agreement L-7381 was endorsed by the County’s Facility Review Committee during April of 2011. (C-86-06-044-4-02)

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66. AMENDMENT TO LEASE AGREEMENT L-7381 WITH 4041 CENTRAL PLAZA LLC Approve, and authorize the Chairman to execute, Amendment No. 2 to Lease Agreement L-7381 between 4041 Central Plaza, LLC, as Lessor, and Maricopa County to reduce the leased premises to 50,810 rentable square feet and for substitution of leased space at 4041 N. Central Avenue, Phoenix, Arizona. Amendment No. 2 reduces the leased premises by 162 rentable s.f. and substitutes the current 2,338 s.f. of county leased space in Suite C105 with 2,176 s.f. of substitute leased space in Suite A250. The landlord will be responsible for the financial cost of relocating the County into the substitute premises. (C-86-06-044-4-03)

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91. AMENDMENT TO LEASE AGREEMENT L-7381 WITH 4041 CENTRAL PLAZA, LLC Approve and execute Amendment No. 3 to Lease Agreement No. L-7381 with 4041 Central Plaza, LLC, (Lessor) and Maricopa County (Lessee), for 50,810 square feet of office space at 4041 North Central Avenue, Phoenix, AZ. This 3rd amendment, effective August 1, 2017, extends the agreement to June 30, 2023. The current lease expires June 30, 2018. Beginning August 1, 2017, Lessor and Lessee agree the monthly rent Lessee shall pay Lessor for the Premises shall be paid in accordance with the following rental rates: Lease Period Annual Rate Monthly Rate 8/1/2017 - 9/30/2017 $0.00 / SF $0.00 10/1/2017 - 6/30/2018 $18.50 / SF $78,332.08 7/1/2018 - 6/30/2019 $18.75 / SF $79,390.63 7/1/2019 - 6/30/2020 $19.25 / SF $81,507.71 7/1/2020 - 6/30/2021 $19.75 / SF $83,624.79 7/1/2021 - 6/30/2022 $20.25 / SF $86,741.86 7/1/2022 - 6/30-2023 $20.75 / SF $87,858.96 The amendment gives the County two months gratis rent and lowers the first years’ rent $1.50 per square foot. The amendment increases the parking spaces by 82 to 350 at no additional cost to the County. The County may apply any previously unused Tenant Improvement Allowance at its sole discretion prior to June 30, 2018, or lose the use of the Allowance. The County will receive from the Lessor a Tenant Improvement Allowance of $2.00 per square foot upon execution of this amendment. The County may terminate the agreement at any fiscal year end for non-appropriation of funds. (C-86-06-044-4-04)

Attachments (1)

Vote — approved

Steve Gallardo	abstain
Bill Gates	abstain
Clint Hickman	abstain
Gallardo School Superintendent	yes
and Clint Hickman	yes
Denny Barney	abstain
Steve Chucri	yes

52.ADMINISTRATIVE CHANGE TO UPDATE LESSOR NOTICE ADDRESS UNDER LEASE L-7381Approve an administrative change to Lease Agreement No. L-7381 to change the notice address of 4041 Central Plaza, LLC with regards to the Public Health office space at 4041 N. Central Avenue, Phoenix, AZ 85012.Pursuant to Section 20 of Lease L-7381, the County recently received formal notice that 4041 Central Plaza, LLC is changing its’ notice address as follows: (C-86-06-044-4-05)Landlord: 4041 Central Plaza, LLCc/o You

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52. ADMINISTRATIVE CHANGE TO UPDATE LESSOR NOTICE ADDRESS UNDER LEASE L-7381 Approve an administrative change to Lease Agreement No. L-7381 to change the notice address of 4041 Central Plaza, LLC with regards to the Public Health office space at 4041 N. Central Avenue, Phoenix, AZ 85012. Pursuant to Section 20 of Lease L-7381, the County recently received formal notice that 4041 Central Plaza, LLC is changing its’ notice address as follows: Landlord: 4041 Central Plaza, LLC c/o Younan Properties, Inc. Attn: General Counsel 21900 Burbank Boulevard, Suite 260 Woodland Hills, CA 91367 With copy to: 4041 Central Plaza, LLC c/o Younan Properties, Inc. 4041 N. Central Avenue, Suite 545 Phoenix, AZ 85012 (C-86-06-044-4-05)

Attachments (1)

Vote — approved

Steve Gallardo	yes
Jack Sellers	yes
Bill Gates	yes
Clint Hickman	yes
Steve Chucri	yes

36.AMENDMENT TO LEASE AGREEMENT L-7381Approve and authorize the Chairman to execute amendment 4 to Lease Agreement L-7381 Public Health Department use of 50,810 rentable square feet of office space at 4041 N. Central Avenue, Phoenix, 85012. And, since the agreement will require administrative action, including execution of documents from time to time, the Deputy County Manager or the County Real Estate Director each are hereby given the authority and charged with the responsibility for proper ad

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36. AMENDMENT TO LEASE AGREEMENT L-7381 Approve and authorize the Chairman to execute amendment 4 to Lease Agreement L-7381 Public Health Department use of 50,810 rentable square feet of office space at 4041 N. Central Avenue, Phoenix, 85012. And, since the agreement will require administrative action, including execution of documents from time to time, the Deputy County Manager or the County Real Estate Director each are hereby given the authority and charged with the responsibility for proper administration of this Agreement. Amendment 4 will increase the rentable square feet by adding suites 840 and 850 (5,088sf) for a total of 55,898 square feet. Lessor, at Lessor expense, will provide turn-key space on or before April 30, 2020. Per the rent schedule within the lease, rates for existing space will remain the same and the new space rents will follow the existing rent schedule and escalations. Six (6) months will be added to the term of the lease and expire December 31, 2023. The lease rate for the remaining 6 months will escalate another $0.50 per square foot. This rate includes the appropriate share of operating expenses and applicable rental tax. An additional 10% is added to cover any miscellaneous or unforeseen, resulting in an anticipated cost of $5,491,537 through end of lease term. Total expense may vary depending on date of occupancy and rent begin date. This lease may be terminated pursuant to A.R.S. § 38-511 or for non-appropriation of funds at the end of a county or federal fiscal years end. With a 90-day written notice, County shall have one (1) five year option to renew the lease at 95% of the then current market rate. (C-86-06-044-4-06)

Attachments (1)

Vote — approved

Steve Gallardo	yes
Jack Sellers	yes
Bill Gates	yes
Clint Hickman	yes
Steve Chucri	yes

$88.25 ($119,080-$183,560) (C-31-21-004-X-00) Motion to approve by Supervisor Jack Sellers, seconded by Supervisor Steve Gallardo Ayes: Clint Hickman, Jack Sellers, Steve Chucri, Bill Gates, Steve Gallardo Human Services - Servicios Humanos

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88. MEMO OF COMMENCEMENT TO LEASE AGREEMENT AMENDMENT L-7381 Approve Memorandum of 840/850 Commencement Date (MOC) to Lease Agreement L-7381, Amendment 4, Public Health Department use of an additional 5,088 rentable square feet of office space at 4041 N. Central Avenue, Suites 840 and 850, Phoenix, 85012. The MOC will acknowledge and reiterate from Amendment 4 (i) the recitals, (ii) the Commencement Date, (iii) when Rent shall begin to accrue with respect to Suites 840 and 850, (iv) the Lease remains in full force and effect, and (v) any capitalized terms not defined in the MOC shall have the definitions as defined in the Lease. (C-86-06-044-4-07)

Attachments (1)

Vote — approved

Thomas Galvin	yes
Steve Gallardo	absent
Jack Sellers	yes
Bill Gates	yes
Clint Hickman	yes

Ayes: Bill Gates, Clint Hickman, Jack Sellers, Thomas Galvin, Absent: Steve Gallardo

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61. AMENDED AND RESTATED LEASE AGREEMENT WITH 4041 CENTRAL PLAZA LLC Approve and execute the Amended and Restated Lease Agreement (Agreement) with 4041 Central Plaza, LLC (Lessor), for Public Health’s use of 52,028 rentable square feet of office space located at 4041 N. Central Ave, Phoenix, Arizona, which includes the conc urrent termination of the current lease, and approve and authorize the Assistant County Manager for Maricopa County and/or the Real Estate Director for Maricopa County, each individually and separately, to administer this Agreement as appropriate and neces sary, which authority includes but is not limited to, execution of Subordination, Non-Disturbance and Attornment, and Estoppel agreements. The term begins upon full execution of the Agreement and expires May 31, 2031, eighty-nine (89) months beyond the current lease expiration of December 31, 2023. The total rent obligation over the term of the Agreement is $9,835,684.00 plus rental tax. The Agreement provides the County with 345 unreserved parking spaces, 13 reserved parking spaces and up to $700 per month for visitor validation credit (shared under another lease with Lessor) at no cost to the County. The Agreement includes two renewal terms of five years each, upon written agreement of both parties. The leased property is located in Supervisory Distr ict 3. Public Health currently occupies 4041 N. Central Ave on floors 6, 7, 8, 14 and A250 (55,898 RSF) under a lease agreement expiring December 31, 2023. Public Health will continue to occupy floors 6, 7, 14 and A250 under the lease agreement reference d above. Public Health will continue to occupy floor 8, along with its existing floor 2, under a separate lease agreement. (C-86-06-044-4-08)

Vote — approved

Thomas Galvin	yes
Steve Gallardo	yes
Jack Sellers	yes
Bill Gates	yes
Clint Hickman	yes

Ayes: Clint Hickman, Jack Sellers, Thomas Galvin, Bill Gates, Steve Gallardo

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43. ADMINISTRATIVE CORRECTION TO AMENDED AND RESTATED LEASE AGREEMENT WITH 4041 CENTRAL PLAZA, LLC LEASE L-7381 Approve an administrative correction to amended and restated agenda item for Lease Agreement L-7381 with 4041 Central Plaza, LLC approved by the Board of Supervisors at the February 8, 2023, agenda item C-86-06-044-4-08. This correction is for the total rent obligation over the term of the agreement. The total rent obligation was stated at being $9,835,684.00 plus tax and the correct term obligation should be $11,162,398.00 plus tax. (C-86-06-044-4-09)