FMD_CA00195_NULL_OG-LIC_GRANTEE SIGNED.PDF
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CA00195
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LICENSE AGREEMENT FOR USE OF REAL PROPERTY
BETWEEN
MARICOPA COUNTY, LICENSOR
AND
MARISOL FEDERAL CREDIT UNION, LICENSEE
THIS AGREEMENT entered into this {day of SEG 2026 by and
__,
between Maricopa County, a political subdivision of the State of Arizona, hereinafter referred to
as LICENSOR and MariSol Federal Credit Union, hereinafter referred to as LICENSEE,
collectively, (the “PARTIES”).
RECITALS
WHEREAS, LICENSOR owns certain real properties, as described in Exhibit A;
WHEREAS, the PARTIES have previously entered into a License Agreement (CA00032
(formerly P-50160)) originally dated April 13, 2011, and subsequently amended;
WHEREAS, the current term of that agreement expired June 30, 2026;
WHEREAS, LICENSEE has requested continued access to, and use of, the properties previously
referred to for the purpose of installing, operating, servicing, maintaining, repairing, replacing, and
removing automatic teller machines (ATMs) and related equipment for the convenience of
LICENSOR’s employees who are members of the credit union; and,
WHEREAS, the PARTIES now desire to enter into a new license agreement, hereinafter referred
to as the “LICENSE”, under which LICENSEE may continue to enter upon and use the properties
of LICENSOR as described herein.
REVOCABLE LICENSE AGREEMENT
NOW, THEREFORE, in consideration of the mutual covenants set forth below, the sufficiency
of which is acknowledged, the Parties agree as follows:
1. License, Term, Termination, and Movement of ATMs. LICENSOR hereby grants to
LICENSEE a revocable, non-exclusive LICENSE to enter and use the real properties described
in said Exhibit “A” for the purpose previously stated, commencing retroactively on July 1, 2026,
and continuing through June 30, 2031, or until terminated by either of the PARTIES. The areas
included in this LICENSE are the LICENSOR’;s facilities described in Exhibit “A” (“Properties”).
This LICENSE may be extended for one (1) additional five (5) year term by mutual written consent
of the PARTIES. This LICENSE may be terminated by either party giving thirty (30) days written
notice to the other party. LICENSOR may require LICENSEE to move one or more of its ATMs
to another location within the Properties for any reason.
2. Statutory Cancellation. This LICENSE is also subject to cancellation pursuant to A.R.S.
§ 38-511, the provisions of which are incorporated herein by this reference.
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3. License Fee and Additional Consideration. Upon execution of this LICENSE,
LICENSEE shall pay LICENSOR a one-time license fee of Ten Dollars ($10.00) for entering
into this LICENSE, the receipt of which is hereby acknowledged. As additional substantial
consideration, LICENSEE agrees to the terms and conditions provided in Exhibit B to this
LICENSE, attached hereto and by this reference incorporated herein.
4. Indemnification and Insurance. LICENSEE shall indemnify and hold harmless
LICENSOR, its elected officials, officers, employees, agents, successors in interest, and assigns,
from any and all against allegations, claims, judgments, liability, damages, expenses, costs, and
attorneys’ fees incurred by LICENSOR, arising from or related to LICENSEE's use of the
Properties or as a result of any negligent act or omission by LICENSEE or of its agents,
employees, or assignees, including damage to the Properties which are the subject of this
LICENSE. LICENSEE shall provide LICENSOR with a certificate of commercial general
liability insurance in the amount of One Million Dollars ($1,000,000) and shall name LICENSOR
as an additional insured on LICENSEE's general liability policy. LICENSEE shall also provide
proof of adequate property and casualty insurance covering LICENSEE's personal property and
equipment installed pursuant to this LICENSE.
A, Conduct. LICENSEE is responsible for the conduct of its employees, agents, contractors,
and invitees who enter the Properties pursuant to this LICENSE.
6. Default. This LICENSE shall be automatically revoked if LICENSEE fails to comply
with an express term of this License and such failure is not cured within ten (10) days after written
notice to cure, subject to any shorter period or immediate remedy required by law or necessary to
protect persons or property.
7. Assignment. LICENSEE shall not assign this LICENSE without the express written
permission of LICENSOR.
8. Notices. Notices and demands under this LICENSE shall be in writing and delivered by
registered mail or another written delivery method that provides proof of delivery to the addresses
below, or to any replacement address designated by written notice:
LICENSOR:
Maricopa County Real Estate Department
Attn: Director
301 W. Jefferson, 9" Floor
Phoenix, AZ 85003
RealEstateNotices@maricopa.gov
LICENSEE:
MariSol Federal Credit Union
Attn: Robin Romano
P.O. Box 20525
Phoenix, AZ 85036-6831
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9. Administration. The Assistant County Manager for Maricopa County and/or the Real
Estate Director for Maricopa County shall administer this LICENSE, including executing
documents necessary to administer this LICENSE.
10. Counterparts and Electronic Signatures. This LICENSE may be executed in two or
more counterparts, each of which shall be deemed an original and all of which together constitute
one and the same instrument. Electronic signatures shall have the same force and effect as original
signatures.
11. Provisions Required by Applicable Law. Any provision required by applicable law to be
in this LICENSE is hereby incorporated herein by reference as if set forth in full herein.
12. Governing Law. This LICENSE shall be governed by and construed under the laws of the
State of Arizona and is subject to applicable provisions of Arizona law.
13. Recitals and Exhibits. The Recitals and Exhibits A and B are incorporated into and
made part of this LICENSE.
14. Supersession. Retroactively as of July 1, 2026, this LICENSE supersedes and replaces
License Agreement (CA00032 (formerly P-50160)) and its amendments with respect to the subject
matter stated herein. The parties intend this document to operate as a new license agreement rather
than as a fifth amendment to the prior license agreement.
[Signature Pages Follow]
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IN WITNESS WHEREOF, the Parties have executed this LICENSE.
LICENSOR:
Maricopa County Board of Supervisors
BY:
Chair, Board of Supervisors Date
ATTEST:
Clerk of the Board Date
Approved as to form:
Deputy County Attorney Date
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LICENSEE:
MariSol Federal Credit Union
BY:
_
Jf /
/
Romane; CEO Date
Rofin
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EXHIBIT A
DESCRIPTIONS AND ADDRESSES FOR ATM LICENSE LOCATIONS
Phoenix Locations
Facility Descriptions Real Property Addresses
Maricopa County Superior Courts South Court Tower Cafeteria 175 W. Madison
Maricopa County Administration Center 301 W. Jefferson
Maricopa County Justice Center 620 W. Jackson
Maricopa County Northeast Regional Center 18380 N. 40® Street
Mesa Location
Facility Description Real Property Address
Maricopa County Southeast Complex 222 E. Javelina Street
Surprise Location
Facility Description Real Property Address
Maricopa County Northwest Regional Court 14264 W. Tierra Buena
Avondale Location
Facility Description Real Property Address
Maricopa County Southwest Regional Court 10420 W. Van Buren Street
Chandler Location
Facility Description Real Property Address
Maricopa County Ocotillo Justice Court 201 E. Chicago Street
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EXHIBIT B
ADDENDUM TO LICENSE AGREEMENT
LICENSOR: Maricopa County
LICENSEE: MariSol Federal Credit Union
USE OF THE PROPERTIES: LICENSEE agrees to use the Properties solely for the installation,
operation, service, maintenance, repair, replacement, and removal of ATMs and related equipment,
and agrees not to engage in any unlawful or unauthorized use thereof. LICENSEE agrees not to
commit, or permit others, within LICENSEE's control, to commit any waste on, or any nuisance
on or about the Properties. LICENSEE further agrees to comply with all laws, ordinances, and
other requirements of city, county, state, and federal authorities, which now apply or in the future
may apply to the use of the Properties.
MAINTENANCE AND REPAIR OF THE PROPERTIES: LICENSEE, at LICENSEE’s
expense, shall maintain and operate its installed equipment and fixtures in a skillful and diligent
manner consistent with standard financial institution practices. LICENSEE shall keep the
Properties clean and free of clutter and trash. LICENSEE hereby confirms to LICENSOR that it
has obtained all necessary permits and approvals related thereto. Aside from such use, LICENSEE
shall not use or store toxic chemicals or substances on the Properties. LICENSEE shall not allow
any lien or encumbrance of any kind to attach to the Properties due to or arising out of LICENSEE's
acts or omissions.
UTILITIES: LICENSEE shall pay, before delinquent, all charges, including deposits or bonds if
required, for all non-electric utilities used by LICENSEE or charged to the Properties, including,
without limitation, voice-data, water, irrigation, gas, heating, cooling, and sewage.
CONDEMNATION: Any award for compensation and/or damages paid as the result of a taking
or condemnation, or agreement in lieu thereof, shall be paid to LICENSOR. LICENSEE hereby
assigns, transfers, and sets over to Licensor all right, title, and interest that it might otherwise have
in such award; provided, however, that LICENSEE shall receive any award paid for the value of
one or more of its ATMs.
SUBORDINATION: This LICENSE shall be subordinate to any mortgage (which term shall
include deed of trust) that may subsequently be placed on the Properties, to all advances made
under such mortgage, to interest on all obligations secured by such mortgage, and to all renewals,
replacements, and extensions of such mortgage. LICENSEE shall from time to time at
LICENSOR's request, execute and deliver any document or instrument that may be required by a
lender to effectuate any subordination.
ABANDONMENT: LICENSEE shall not abandon or vacate the Properties during the LICENSE
term. In the event LICENSEE does abandon or vacate the Properties or is dispossessed by process
of law, or otherwise, any personal property belonging to LICENSEE and left on the Properties
shall be deemed to be abandoned. In such event, LICENSOR, at LICENSOR's option after five
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(5) days written notice to LICENSEE, may remove any fixtures or equipment remaining on the
Properties at the time of such abandonment without any liability or obligation to LICENSEE.
MOVEMENT OF ATMS: LICENSOR, in its sole discretion, reserves the right to require
LICENSEE to move one or more of its ATMs to another location within the Properties. In the
event LICENSOR requires LICENSEE to move one or more of its ATMs to another location
within the Properties, said move will be made at LICENSEE’s cost.