WIC L-7357 THUNDERBIRD AMD 2.PDF
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Lease No. L-7357 C-86-05-566-4-03 AMENDMENT No. 2 to LEASE AGREEMENT Between HTA-THUNDERBIRD MEDICAL, LLC, LESSOR And MARICOPA COUNTY, LESSEE RECITALS A. Lessor and Lessee are parties to that certain Lease Agreement No. L-7357 dated and approved by the Maricopa County Board of Supervisors January 4, 2005 and subsequently amended December 15, 2015. The Lease Agreement is for approximately 4,292 rentable square feet of office and clinic space at 5422 W. Thunderbird Road, Glendale, AZ 85306. This space is utilized for WIC Services. B. The current term of the Lease Agreement expires July 31, 2016. C. Lessor and Lessee now mutually desire to amend the Lease Agreement to extend the lease term, adjust the lease rate, and update Lessee Notice address. AGREEMENT NOW THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, receipt and sufficiency of which is hereby acknowledged, Lessor and Lessee agree as follows: 1. The term of the Lease Agreement is hereby extended three (3) years and 2 months, commencing August 1, 2016, and expiring September 30, 2019. This Lease Agreement is subject to termination pursuant to the provisions of A.R.S. ยง 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 Months 1 $0.00 $0.00 Months 2-13 $22.52 $8,054.65 $96,655.80 Months 14 $0.00 $0.00 Months 15-26 $23.20 $8,297.87 $99,574.40 Months 27-38 $23.90 $8,548.23 $102,578.80 The above amounts are subject to rental taxes which may or may not increase. Section 20 of the Lease Agreement is updated as follows: Notices to Lessee shall be sent to: Maricopa County Facilities Management Attn: Chief Real Estate Officer 2801 West Durango Street Phoenix, AZ 85009 3. The effective date of this amendment is the date of execution by the Maricopa County Board of Supervisors. 4. The foregoing paragraphs contain all the changes made by this amendment. All other terms and conditions of the original agreement and as modified by subsequent lease amendments remain the same and in full force and effect. Lease No. L-7357 Amendment No. 2 C-86-05-566-4-03 IN WITNESS WHEREOF, the parties have signed this Lease Agreement LESSOR: LESSEE: HTA-Thunderbird Medical, LLC, a Maricopa County, a political subdivision of Delaware Limited Liability Company the State of Arizona ____________________________________ ____________________________________ Scott D. Peters Clint Hickman President and Chief Executive Officer Chairman of the Board ____________________________________ ATTEST: Date ____________________________________ Clerk of the Board Date APPROVED AS TO FORM: ____________________________________ Deputy County Attorney Date