AMD 1 LEASE L-7473 RE PHX URBAN LEAGUE.PDF
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LEASE No. L-7473 AMENDMENT No. 01 C-86-18-042-1-01 AMENDMENT NO. 1 TO LEASE AGREEMENT BETWEEN GREATER PHOENIX URBAN LEAGUE, Inc., LANDLORD AND MARICOPA COUNTY, TENANT RECITALS A. Landlord and Tenant, collectively (the “Parties”) or individually (a “Party”) are parties to that certain Lease Agreement No. L-7473 dated November 29, 2017 (the “Lease”). The Lease is for 700 square feet of office and clinic space at 1402 S. 7th Avenue, Phoenix, AZ 85007. B. The term of the Lease expires on September 30, 2019. C. Landlord and Tenant now mutually desire to enter into this Amendment No. 1 to the Lease (“Amendment”) to amend the Lease to extend the term one (1) year, provide for an automatic renewal term and adjust the Lease payments and operating expenses. AGREEMENT NOW THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and suffiency of which is hereby acknowledged, Tenant and Landlord agree to amend the Lease as follows: 1. The Recitals, by this reference, are hereby incorporated into this Amendment. 2. The term of the Lease is hereby extended one (1) year, to commence retroactively on October 1, 2019 and expire September 30, 2020. This Lease will automatically renew for an additional period of one (1) year from October 1, 2020 to September 30, 2021, unless either Party gives written notice of intent not to renew no later than 90 (ninety) days prior to the end of the term. The Lease, as amended, is subject to termination pursuant to the provisions of A.R.S. 38-511. 3. During the term of this Amendment and any renewal hereof, lease payments will increase to a total of $540.00 per month and be payable as prescribed in the Lease. 4. The foregoing paragraphs contain all the changes made by this Amendment. All other terms and conditions of the Lease remain the same and in full force and effect. LEASE No. L-7473 AMENDMENT No. 01 C-86-18-042-1-01 IN WITNESS WHEREOF, the parties have signed this Amendment. LANDLORD: Greater Phoenix Urban TENANT: Maricopa County League, Inc. ____________________________________ ____________________________________ George Dean, President and CEO Date Bill Gates Chairman of the Board of Supervisors ATTEST: ____________________________________ Clerk of the Board Date APPROVED AS TO FORM: __________________________________________ Deputy County Attorney Date