L-7421 WIC AMD 1 W HALL (02).PDF
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Lease L-7421 Amendment No. 1 C-86-12-031-1-02 AMENDMENT 1 TO LEASE AGREEMENT Between WARREN HALL, LESSOR And MARICOPA COUNTY, LESSEE RECITALS A. Lessor and Lessee are parties to that certain lease Agreement No. L-7421 dated November 17, 2011 and approved by the Maricopa County Board of Supervisors (the “Lease”). The Lease is for premises at 430 N. Dobson, Suites 111 and 112, Mesa, AZ 85032, consisting of approximately 4,936 square feet of rentable area. B. The term of the Lease expires January 31, 2017. C. Lessor and Lessee now mutually desire to amend the Lease to extend the term, adjust the annual rent schedule and update Lessee Notice and Invoice address. 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 five (5) years and shall expire January 31, 2022. 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 $11.02 $4,532.89 $54,394.72 plus rental tax Two $11.35 $4,668.63 $56,023.60 plus rental tax Three $11.69 $4,808.49 $57,701.84 plus rental tax Four $12.04 $4,952.45 $59,429.44 plus rental tax Five $12.40 $5,100.53 $61,206.40 plus rental tax 3. Section 14.1 is amended as follows: Notices to Lessee shall be sent to: Maricopa County Facilities Management Dept. Attn: Chief Real Estate Officer 2801 W. Durango Street Phoenix, AZ 85009 All rent requests, herein required given Lessee, shall be sent to Lessee at: Maricopa County Public Health – WIC Attn: WIC Accountant 4041 N. Central Avenue, 7th Floor Phoenix, AZ 85012 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 will remain the same and in full force and effect. Lease L-7421 Amendment No. 1 C-86-12-031-1-02 IN WITNESS WHEREOF, the parties have signed this Amendment LESSOR: LESSEE: Warren Hall Maricopa County ____________________________________ ____________________________________ Warren Hall Clint Hickman, Chairman ____________________________________ ATTEST: Date ____________________________________ Clerk of the Board Date APPROVED as to FORM: ____________________________________ Deputy County Attorney Date