AMD 2 L-7489 RE IP BPG CITY SQUARE-A.PDF
Extracted text (via pymupdf_layout)
10759 characters
Lease No. L-7479 Amendment No. 2 C-85-19-002-1-03 AMENDMENT No. 2 TO LEASE AGREEMENT (“AMENDMENT”) BETWEEN IP BPG CITY SQUARE, LLC a DELAWARE LIMITED LIABILITY COMPANY, (“LESSOR”) AND MARICOPA COUNTY, (“LESSEE”) RECITALS A. Lessor and Lessee are parties to that certain Lease Agreement No. L-7479, dated August 1, 2018 and amended on June 12, 2019 (“Agreement”). The Agreement is for the premises located at 3800 North Central Ave, Suites 1200, 1400, and 1700, Phoenix, AZ, consisting of 26,098 rentable square feet of office space (the “Premises”). B. The term of the Agreement expires on December 31, 2021. C. As part of the Agreement negotiations, Lessee requested, and Lessor agreed to construct, on Lessee’s behalf after the Agreement Commencement Date, certain tenant improvements consisting of two (2) dual-head electric vehicle charging stations (each unit has 2 ‘charging heads’) within the Multi-Level Garage of the Property (“Improvements”) as defined on Exhibit “A,” attached hereto and made a part hereof, provided, however that two (2) Dual Output Gateway North America, Bollard Unit 208/240V @30A with Cord Management, at a cost of Five Thousand Seven Hundred Sixty-Eight Dollars ($5,768) each (“Bollard Unit”) are included in the Improvements even though only one (1) Bollard Unit is listed on Exhibit A, as Lessor is paying for one (1) of the Bollard Units and Lessee is paying for the other. D. Lessor and Lessee now mutually desire to enter into this Amendment No. 2 (“Amendment”) to amend the Agreement to provide for County’s reimbursement to Lessor for the Improvements, except for the cost of one (1) Bollard Unit, add provisions for Lessee to reimburse Lessor for electricity used based on Lessee use; and adjust the number of parking spaces to add two (2) additional parking spaces for use by Lessee as required for the installation and use of the Improvements at no charge or fee to Lessee. AGREEMENT NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration, receipt and sufficiency of which is hereby acknowledged, Lessee and Lessor agree to amend the Agreement as follows: 1. The Recitals, by this reference, are hereby incorporated into this Amendment. 2. Capitalized terms used in this Amendment without definition shall have the meanings assigned to such terms in the Agreement, unless the context expressly requires otherwise. Lease No. L-7479 Amendment No. 2 C-85-19-002-1-03 3. Lessor, at its sole cost and expense, shall be responsible for permitting, if required, procurement, construction, and project management, so as to deliver the Improvements on or before November 1, 2019. 3.1 As Lessor is not a licensed contractor, Lessor shall retain an appropriately licensed contractor (the “Contractor”) to complete the Improvements. Lessor shall pay the Contractor directly for the Improvements and administer said contract in accordance with Lessor’s standard procedures and prudent project management. 3.2 Lessor, at its sole cost and expense, shall, if required, prepare and produce construction plans for the Improvements, submit the plans to all required permitting agencies with jurisdiction, and obtain all required permits and approvals for construction of the Improvements. Lessor shall be solely responsible for identifying all required permits and approvals. 3.3 All Improvements and construction shall be performed in a good and workmanlike manner in full compliance with all applicable federal, state and local rules, regulations, codes and ordinances including, but not limited to, health, building, zoning, fire and safety codes, all applicable air quality, environmental statutes, regulations and ordinances, the Americans with Disabilities Act of 1990, A.R.S. §§ 9-499.02, 41-1492 through 41-1492.11, the Architectural Barriers Act of 1968, and the Uniform Federal Accessibility Act of 1983. 3.4 All construction materials shall be new and shall be subject to industry standard warranties. Upon completion of the Improvements, Lessor shall obtain final building inspections and approvals if required and a certification from the architect that all such work was constructed in substantial conformity with the applicable plans and specifications if required. Notwithstanding the foregoing, Lessor shall undertake to remedy, at no expense to Lessee, those building code violations or other violations of applicable law (if any) resulting from Lessor’s failure to initially construct the Improvements in accordance with applicable building codes and other applicable laws in effect at the time of permit issuance, of which violations Lessor receives a written violation notice from Lessee or any governmental authority. 3.5 Prior to the commencement of construction of the Improvements, Lessor shall obtain, and maintain throughout construction, all standard insurance coverage at levels standard in the industry from a company or companies duly licensed by the State of Arizona and require its subcontractors to maintain equivalent insurance based in their trade and participation in the work. 3.6 NOTICE IS HEREBY PROVIDED that the staff of Maricopa County’s Air Quality and Real Estate Departments do not have the authority to perform technical review or approval of any plans or work performed to construct the Improvements. Lessor also acknowledges that the staff of Maricopa County’s Air Quality and Real Estate Departments do not have the authority or ability to issue permits or licenses that may be required to be obtained pursuant to this Amendment or other permitting or licensing agency requirements, and the determination of whether Lessor is in compliance with the permitting and licensing requirements lies with the respective permitting or licensing agency. The execution of this Amendment shall not be considered approval of any permit or license by Maricopa County. 3.7 The term “Substantially Completed” or any grammatical variation thereof, when used in this Amendment shall mean that the Improvements, have been completed and notice delivered to Lease No. L-7479 Amendment No. 2 C-85-19-002-1-03 Lessee that the completed Improvements are ready for Lessee’s use with the exception of Punch List Items (as hereinafter defined) which can be fully completed subsequent to the date the jurisdictional authority completes its final inspection. 3.8 Within ten (10) business days after notice of Substantial Completion of the Improvements, or a portion thereof, Lessee shall supply to Lessor a written list of items that constitute minor defects or adjustments which can be completed after Substantial Completion of the Improvements without causing any material interference with Lessee’s use of the Premises (the “Punch List Items”), setting forth all corrective work to the Improvements which Lessee believes is/are required to be performed. Lessor shall perform all such corrective work to the extent necessary and complete the Punch List Items within thirty (30) calendar days from receipt of the written list. If Lessee does not provide a written Punch List within such ten (10) business day period, Lessee shall be deemed to have accepted the Improvements in their entirety. 3.9 Lessee hereby designates Frank Schinzel, who can be reached at Frank.Schinzel@maricopa.gov or by phone at 602.506-6940, as its representative and agent for the purpose of receiving notices, reviewing submittals and issuing requests for changes to the Improvements and for Lessee review of the installed Improvements. Lessor hereby designates Hans Keizer, who can be reached at hkeizer@barkerpacific.com or by phone at (480) 606.2280 as its representative and agent for the purpose of receiving notices, reviewing submittals and requests for changes to the Improvements. 3.10 Upon completion of the Improvements satisfactory to Lessee and within 30 days of receipt of invoice, Lessee shall reimburse Lessor a total price not-to-exceed Twenty-one Thousand Sixty and 64/100 Dollars ($21,060.64), which shall not be increased without the express written consent of Lessee. 4. During the Term of the Agreement or any Renewal Term, Lessee shall have exclusive use of three (3) out of the four (4) charging heads on the Bollard Units and ‘first come-first serve’ use of the remaining charging head. The Bollard Units designated for exclusive use by Lessee will have signage which reflects “Maricopa County Use Only.” Lessor shall manage the operation agreement (using ChargePoint) for the vehicle charging stations and charge Lessee, at cost, for the electricity for its use of three (3) of the vehicle charging heads. Payment for such electricity shall be included in the payment made by Lessee at the charging head for its use. Within thirty (30) days after full execution of this Amendment and December 1, 2020, Lessee shall pay to Lessor the annual network fee of two hundred and thirty eight dollars ($238.00) for each of the three (3) charging heads, totaling seven hundred and fourteen dollars ($714.00). Lessor and Lessee shall share the cost of maintenance needs for the Bollard Units, as needed. 5. Lessor, at no charge or fee to Lessee, shall provide to Lessee two (2) additional parking spaces in the Multi-Level Garage required for the installation and use of the Improvements and these shall be reserved stalls located on the roof deck of the Multi-Level Garage and shall be available for Lessee’s sole use twenty-four hours a day, seven days a week. 6. Unless otherwise set forth in this Amendment, the changes to the Agreement set forth herein will be effective as of the date the Amendment is fully executed by the Parties (the “Effective Date”). Lease No. L-7479 Amendment No. 2 C-85-19-002-1-03 7. The foregoing paragraphs contain all the changes made by this Amendment. All other terms and conditions of the original Agreement remain the same and in full force and effect, except as herein amended. IN WITNESS WHEREOF, the Parties have fully executed this Amendment as of the last date written below. LESSOR: LESSEE: IP BPG City Square, LLC, Maricopa County, a political subdivision of the a Delaware limited liability company, State of Arizona authorized to do business in the state of Arizona By: Barker Pacific Group, Inc. _______________________________________ a Delaware corporation Bill Gates its authorized agent Chairman, Board of Supervisors ATTEST: By:______________________________ Name: _______________________________________ Title:____________________________ Clerk of the Board Date Date:____________________________ APPROVED AS TO FORM: _______________________________________ Deputy County Attorney Date Lease No. L-7479 Amendment No. 2 C-85-19-002-1-03 Exhibit “A” Improvements – Description Lease No. L-7479 Amendment No. 2 C-85-19-002-1-03