ADDENDUM NO. 1 TO PURCHASE AGREEMENT FINAL.DOC

ADDENDUM No. 1
TO
TERMS OF EXCESS LAND PURCHASE AGREEMENT
AND RECEIPT FOR DEPOSIT
Sale No. L-C-045
Facility Site No. 1-50
MC: C-78-19-002-3-02
This Addendum No. 1 (“Addendum”) serves to amend that certain Terms of Excess
Land Purchase Agreement and Receipt for Deposit fully executed on October 22,
2018 by and between the State of Arizona, by and through its Department of
Transportation (“Seller”), and Maricopa County, a political subdivision of the State of
Arizona (“Purchaser”), attached hereto and by this reference made a part hereof.
Together this Addendum and attachment constitute the “Agreement”. Other than
reflected herein, all other terms and conditions of the original Terms of Excess Land
Purchase Agreement and Receipt for Deposit referenced above shall remain the
same. If there is any conflict between the two documents, the terms contained in this
Addendum shall prevail.
This Addendum No. 1 also serves to rescind the Assignment and Assumption of
Lease by and between the State of Arizona, acting through its Department of
Transportation, and Maricopa County, a political subdivision of the State of Arizona, fully
executed on October 19, 2018.
For valuable consideration, both Purchaser and Seller agree to enter into this
Addendum and hereby agree to the following:
1. Change of Escrow Closing Date. Effective December ___, 2018, at no
additional cost to Maricopa County, the escrow closing date is hereby extended to May
1, 2019.
2. Existing Lease Termination. As a condition precedent to close of
escrow, Seller shall terminate the existing lease with its tenant, Arizona Department of
Revenue, and provide Purchaser written confirmation that the tenant has fully vacated
the premises prior to close of escrow date as set forth herein. If Seller does not provide
Purchaser written confirmation of said termination, Purchaser, at no additional cost and
at its sole option, may extend the escrow closing to a date no later than June 1, 2019.
3. Rescind Assignment and Assumption of Lease. Purchaser and Seller
mutually agree to rescind the Assignment and Assumption of Lease which was fully
executed on October 19, 2018.

Accepted and executed this _______ day of December, 2018.
Purchaser: Maricopa County, a political subdivision of the State of Arizona
By:
Steve Chucri
Chairman of the Board of Supervisors
APPROVED AS TO FORM: ATTEST:
Deputy County Attorney Clerk of the Board Date
Accepted and executed this _______ day of December, 2018
Seller: The State of Arizona, by and through its Department of Transportation
By: ___________________________
Michael Craig, Manager,
Property Management Section