Item Text

52. AMENDMENT TO LEASE AGREEMENT WITH CALAZ, LLC FOR A PUBLIC HEALTH WIC CLINIC Approve and execute Third Amendment to Lease Agreement No. L-7299 between Calaz, LLC, and Maricopa County for 2,850 square feet of office/clinic space at 19401 N. Cave Creek Rd., Phoenix, AZ. The net rental rate will remain at $3,742 net per month for the first two years. Additional costs incurred other than rent includes utilities and common area maintenance (CAM) for approximately $678.29 monthly, bringing the approximate total cost to $4,420.29 per month. On April 30, 2013 rent shall increase by 3%, on April 30, 2014 rent shall increase by 3% and on April 30, 2015 rent shall increase by 3%. Rent and CAM shall be subject to applicable transaction privilege tax (TPT). The term of the Lease shall be for five (5) years commencing May 1, 2011 and terminating May 30, 2016. The Amendment to the Lease Agreement was indorsed by the County Facility Review Committee during the January 27, 2011 meeting. (C-86-06-051-4-01)

Item Text

43. ADMINISTRATIVE CHANGE TO LEASE L-7299 DUE TO CHANGE IN OWNERSHIP Approve an administrative change to Lease L-7299 recognizing Crown Investments, LLC as Lessor and as successor in interest to CALAZ, LLC. Effective September 11, 2013, Crown Investments, LLC (Lessor) acquired the property at 19401 N. Cave Creek Road in Phoenix, Arizona, and became Lessor under Lease L-7299 for the County’s Cave Creek WIC facility. All notices should be sent to Crown Investments, LLC, c/o Mode Real Estate Management Services, LLC, 4414 N. Civic Center Plaza, Suite 100, Scottsdale, Arizona, 85251. (C-86-06-051-4-02)

Attachments (1)