AMD RE LEASE L-7433 WITH DAVISON FAM TRUST.PDF
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Lease L-7433 Amendment No. 2 C-86-11-091-1-02 AMENDMENT 2 TO LEASE AGREEMENT Between DAVISON FAMILY TRUST, LESSOR And MARICOPA COUNTY, LESSEE RECITALS A. Lessor and Lessee are parties to that certain lease Agreement No. L-7433 dated July 6, 2011 and subsequently amended September 28, 2011 and approved by the Maricopa County Board of Supervisors (the “Lease”). The Lease is for premises at 4419 E. Main Street, Suite 105 and 107, Mesa, AZ 85206, consisting of 2,190 square feet of office space. B. The term of the Lease expires October 20, 2016. C. Lessor and Lessee now mutually desire to amend the Lease to extend the term, adjust the annual rent schedule and to outline certain Lessor provided Tenant Improvements as hereinafter defined. AGREEMENT NOW THEREFORE, in consideration of the foregoing and other 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 and shall expire October 20, 2019. This Lease is subject to termination pursuant to A.R.S. § 38-511, the provisions of which are incorporated herein by this reference. 2. Lessee agrees to pay as base rent, in equal monthly installments, the sums as follows: Year Rate __ Monthly Annual One $16.88 $3,080.60 $36,967.20 plus rental tax Two $17.39 $3,173.68 $38,084.16 plus rental tax Three $17.91 $3,268.58 $39,222.90 plus rental tax 3. Lessor agrees to make improvements in the aforesaid space as set forth in Exhibit “B” attached hereto and by this reference made a part thereof at the expense of Lessor or Lessee as defined. 4. The effective date of this amendment is the date of execution by the Maricopa County Board of Supervisors. 5. 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. Lease L-7433 Amendment No. 2 C-86-11-091-1-02 IN WITNESS WHEREOF, the parties have signed this Amendment LESSOR: LESSEE: Davison Family Trust Maricopa County ____________________________________ ____________________________________ Keith Davison, Trustee Clint Hickman, Chairman ____________________________________ ATTEST: Date ____________________________________ Clerk of the Board Date APPROVED as to FORM: ____________________________________ Deputy County Attorney Date Lease L-7433 Amendment No. 2 C-86-11-091-1-02 Exhibit “B” WORK LETTER Lessee, at Lessee’s sole cost and expense, shall authorize the following improvements 1. Lettering on rear of building at Suite # 105 & 107 Lessor, at Lessor and Lessee shared cost and expense, shall perform the following improvements prior to December 31, 2016: 1. Add Maricopa County identity to Main Street Marquee, Not to exceed $1800.00. Lessor, at Lessors sole cost and expense, shall perform the following duties and improvements: 1. Parking lot maintenance to fill cracks and repair pot holes. 2. Parking lot drainage issue: Have the parking lot pumped out and usable by 9:00am following rains where flooding is expected at the west end of parking lot near the suites #105/107) 3. Spray for insects on a quarterly schedule. 4. Replace door hinge to the left (east) side (while entering) of the double-door entrance. Replace the door hinge to match the right (west) side. If unable to resolve replace the entire door.