L-7445 AMD 3 AGENDA ITEM V1.DOCX
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Title: Third Amendment to Government Lease between City of Phoenix, Lessor and Maricopa County, Lessee Category: Contractual Agreement – Financial Agenda Activity: Action Agenda No. C-94-14-008-3-03 Department: FMD Real Estate Contact: Michelle Colby 602-506-4748 Return to: Michelle Colby 602-506-4748 Location: FMD Real Estate Action Requested: Approve, and authorize the Chairman to execute Amendment No. 3 to Government Lease No. L- 7445 with the City of Phoenix, as Lessor, for County’s use of office and counter space at 200 West Washington Street, 2nd Floor, Phoenix, Arizona, and approve and authorize County to lease an additional 36 square feet of space on the 3rd floor of this building for the County’s installation of a free-standing interactive Maricopa County Recorder’s Office Kiosk. Board required information: The County currently leases 60 square feet of office and counter space at Phoenix City Hall, where Environmental Service and Air Quality Departments intake, review and process permits and applications. The current lease will expire January 31, 2017. Amendment No. 3 will expand the Leased Premises to include an additional 36 square feet of space to allow for County’s installation and maintenance of the Kiosk for use by City of Phoenix staff and the public. The Amendment will also extend the term of the Lease by three (3) years through January 31, 2020 and will have two (2) options to renew for two (2) additional years each. The revised annual lease fee for the subject office lease is $2,400.00 per year. Additional Information: The subject property lies within Supervisorial District No 5. Expenditure Impact by FY: FY 2017 $1,000.00 FY 2018 $2,400.00 FY 2019 $2,400.00 FY 2020 $1,400.00 FY Bgt PAS Fund Agency Dept Org. Object Sub- $Amount Rept. Prjt Obj Cat. Code 2017 Y ENV 506 n/a D880 8800 FACI n/a 750.00 1000 8200 2017 250.00 2018 Y ENV 506 n/a D880 8800 FACI n/a 1,800.00 1000 8200 2018 600.00 2019 Y ENV 506 n/a D880 8800 FACI n/a 750.00 1000 8200 2019 600.00 2020 Y ENV 506 n/a D880 8800 FACI n/a 750.00 1000 8200 2020 350.00 Is there related Managing for Results information? Program: Real Estate Activity: Property Management Performance/Demand Measure: Percent of customer satisfaction with services received from real estate services staff. Anticipated Results Provide Real Estate transaction services for real property management to the Board of Supervisors, Board of Directors, and County leadership to ensure efficient utilization of real estate assets.