LEASE AMD RE ADDITIONAL LEASE SPACE WITH EASTERN-COLUMBIA PRPTY.PDF
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Lease No. L-7471 Amendment No. 1 C-86-18-020-1-01 AMENDMENT TO LEASE AGREEMENT BETWEEN EASTERN-COLUMBIA PROPERTIES, LP, LESSOR AND MARICOPA COUNTY, LESSEE RECITALS A. Lessor and Lessee (collectively the “Parties”) are parties to that certain Lease Agreement No. L-7471 dated and approved September 20, 2017, by the Maricopa County Board of Supervisors (the “Lease”). The Lease is for property at 3230 East Broadway Road, Suite A200, Phoenix, Arizona 85040, consisting of 5,320 rentable square feet of office and clinic space within the property (the “Premises”). B. The term of the Lease expires on October 31, 2020. C. Lessor and Lessee now mutually desire to enter into this Amendment No. 1 (“Amendment”) to the Lease to amend to increase the square footage of the Premises, append Exhibit “A” to include the new space, adjust the lease rate and update Parking as defined in Section 1.3 of the Lease, outline certain Lessor provided Repairs as hereinafter defined and outline Lessee provided improvements to the Premises. 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 to amend the Lease 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. 3. The term of the Amendment shall commence on November 1, 2018 (the “Commencement Date”) and expire October 31, 2020. The Parties may extend the term of the Agreement as provided for in the Lease. The Lease is subject to termination pursuant to the provisions of A.R.S. 38-511, the provisions of which are incorporated herein by this reference. Either Lessor or Lessee may terminate the Lease as provided for in the Lease. 4. The Premises is expanded by 2,456 rentable square feet to include Suite A216 (the “Expansion Space”) as depicted in appended Exhibit “A”, attached hereto and made a part hereof. The amended total leased space is 7,776 rentable square feet. The increased rental amount which includes payment for the Expansion Space does not begin to accrue until the Commencement Date. 5. Lessor, at Lessor’s sole cost and expense, agrees to make repairs (the “Repairs”) to the Expansion Space prior to the Commencement Date as set forth in Exhibit “B”, attached hereto and by this reference, made a part hereof. 6. Lessee, at Lessee’s sole cost and expense, shall be permitted to make certain improvements (the “Improvements”) to the Premises as shown in Exhibit “C”, attached hereto and by this reference made a part hereof. Upon execution of this Amendment by both Parties (“Effective Date”), Lessee and its employees, agents, contractors, subcontractors, engineers, consultants, suppliers and other representatives, and their respective employees, shall be permitted to enter and occupy the Premises, free of charge, for the purposes of inspecting same, and to install Lessee’s furniture, fixtures and equipment and Improvements (including, but not limited to telephone, communications and computer equipment, wiring and cabling, and badge readers) (the “Early Occupancy Period”); provided, however, that Lessee shall not interfere with Lessor’s performance of any remaining work (if any) in the Premises during such Early Occupancy Period. 7. The Parties agree to amend the rent amount in Section 3 of the Lease, and Lessee agrees to pay as full-service rent, in equal monthly installments, the sums as follows: Lease Term Rate Monthly Annual 11/1/18 to 10/31/2020 $14.44 $9,357.12 $112,285.44 plus rental tax 8. Without charge or fee to Lessee, Lessee, Lessee’s employees, agents, contractors, customers and invitees shall have use of a total of thirty-one (31) parking spaces; seven (7) covered reserved parking spaces in the parking lot located directly east of the Building and twenty- four (24) unreserved spaces . 9. The foregoing paragraphs contain all the changes made by this Amendment. All other terms and conditions of the Lease and as modified by this Amendment remain the same and in full force and effect. THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK Lease No. L-7471 Amendment No. 1 C-86-18-020-1-01 IN WITNESS WHEREOF, the parties have signed this Amendment LESSOR: Eastern-Columbia Properties, LP LESSEE: Maricopa County ____________________________________ ___________________________________ Evan J. Kaizer, President, Sieroty Co., Inc. Steve Chucri, Chairman of the Board Its’ Manager ATTEST: ____________________________________ Date ___________________________________ Clerk of the Board Date APPROVED AS TO FORM: ____________________________________ Deputy County Attorney Date Lease No. L-7471 Amendment No. 1 C-86-18-020-1-01 Lease No. L-7471 Amendment No. 1 C-86-18-020-1-01 Exhibit “B” Repairs Replace or repair all ceiling tiles which are missing or broken Replace with appropriate receptacle/switch and covers at all cords hanging out from the wall Replace and color match all missing or damaged baseboard(s) Remove wooden bookshelf Install missing door/window blinds Remove free standing cabinet from kitchen Repair/Replace/Install outlet covers as needed Install door knobs as needed Re-key door locks and provide new keys to Program Clean carpet Lease No. L-7471 Amendment No. 1 C-86-18-020-1-01 Exhibit “C” Improvements We attach the four quotes for the work to be done.