L-7459 AMD 2.PDF

Maricopa County — Formal (2019-06-12)

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Lease L-7459 Amendment No. 2
C-86-15-094-4-02
AMENDMENT 2 TO LEASE AGREEMENT L-7459
Between
RANDOLPH P. HIGH and KATHLEEN M. HIGH,
Trustees of the HIGH REVOCABLE TRUST,
U/T/D August 4, 1992, as amended and restated, LESSOR
And
MARICOPA COUNTY, LESSEE
RECITALS
A. Lessor and Lessee are parties to that certain Lease Agreement No. L-7459 dated April 26,
2015 approved by the Maricopa County Board of Supervisors and subsequently amended
June 14, 2018 by the Maricopa County (the “Lease”). The Lease is for premises at 6641 E.
Baywood Avenue, Mesa, AZ 85206, consisting of approximately 4,000 square feet of
office and clinic space.
B. The term of the Lease expires June 30, 2019.
C. Lessor and Lessee now mutually desire to exercise the 2nd Option Term to the Lease, extend
the term of the Lease and adjust the annual rent schedule.
AGREEMENT
NOW THEREFORE, in consideration of the foregoing and other good and valuable
consideration, receipt and sufficiency of which is hereby acknowledged, Lessor and Lessee
agree as follows:
1. The term of the Lease is hereby extended three (3) years commencing July 1, 2019 and
shall expire June 30, 2022. This Lease is subject to termination pursuant to A.R.S. § 38-
511, the provisions of which are incorporated herein by this reference. This Lease may be
terminated by Lessee at the end of any fiscal year due to non-appropriation of funds without
any penalty or liability to Lessee. County and state fiscal years end June 30, Federal fiscal
year ends September 30.
2. Lessee agrees to pay as rent, in equal monthly installments, the sums as follows:
Year Rate __ Monthly Annual Period
Five $16.00/sf $5,333.33 $64,000.00 7-1-2019 to 6-30-2020
Six $16.50/sf $5,500.00 $66,000.00 7-1-2020 to 6-30-2021
Seven $17.00/sf $5,666.67 $68,000.00 7-1-2021 to 7-30-2022
The above rent includes applicable taxes and operating expenses.
3. The effective date of this amendment is the date of execution by Maricopa County.

Lease L-7459 Amendment No. 2
C-86-15-094-4-02
4. The foregoing paragraphs contain all the changes made by this amendment. All other terms
and conditions of the original agreement and subsequent amendments thereto will remain
the same and in full force and effect.
IN WITNESS WHEREOF, the parties have signed this Amendment
LESSOR: LESSEE:
Randolph P. High and Kathleen M. High Maricopa County, a political subdivision of
Trustees of the High Revocable Trust State of Arizona
U/T/D August 4, 1992, as amended and
restated.
____________________________________ ____________________________________
Randolph P. High, Trustee Date Bill Gates
Chairman of the Board of Supervisors
____________________________________ ATTEST:
Kathleen M. High, Trustee Date
____________________________________
Office of Clerk of the Board Date
APPROVED as to FORM:
____________________________________
Deputy County Attorney Date