FREANEL & SON GILBERT, LLC LEASE L-7329 AMEND 1

Maricopa County — Formal (2016-06-22)

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LEASE NO L-7329 AMENDMENT NO. 1
C-22-03-111-04-01
AMENDMENT TO LEASE AGREEMENT
BETWEEN
FREANEL & Son Gilbert, LLC, LESSOR
AND
MARICOPA COUNTY, LESSEE
RECITALS
A. Lessor and Lessee are parties to that certain lease Agreement No. L-7329 with
Gilbert Towne Center Associates, Limited Partnership and dated December
18, 2002 and approved by the Maricopa County Board of Supervisors. The lease
is for premises at 735 N. Gilbert Road, Gilbert, AZ, consisting of 14,700 square
feet of area. Effective February 01, 2005 the building for the subject lease was
sold to FREANEL & Son Gilbert, LLC with all terms of the original lease
remaining in force.
B. The term of the lease expires on May 31, 2010.
C. Lessor and Lessee now mutually desire to amend the lease to increase the leased
area, to amend the lease term, to note the change in ownership and to adjust the
annual rental schedule.
AGREEMENT
NOW THEREFORE, in consideration of the foregoing and other valuable
considerations. Lessee and Lessor &free to amend Lease No. L-7329 as follows:
1 Suites 130 and 132 at 745 N. Gilbert Road, consisting of 3,200 square feet shall
be included under the terms and conditions of the existing afore mentioned lease
and depicted in Exhibit "A".
SUITE 134
The original term of the lease shall be extended two (2) additional years from June
1 2010 to May 31. 2012.
SUITES 130. 132
The lease term shall be co-terminis with the existing lease and shall be for
approximately seven (7) years commencing on the first day of June, 2005 and
terminate on the 31 5 day of May 2012.

The effective date of this amendment is the date of execution by the Maricopa
County Board of Supervisors. Lessee and Lessor may amend the Commencement
Date of this Lease by use of Exhibit "C", Commencement Date Confirmation.
3. Lessee agrees to pay as rent, in equal monthly installments, the follows sums:
SUITE 134
Year Rate Monthly Annual
10-11 $11.00 s/f $13,475.00 $161.700.00 plus rental tax
11-12 $11.25 slf $13,781.25 $165,375.00 plus rental tax
SUITES 130. 132
Year Rate Monthly Annual
05-06 $15.32 s/f $4,085.33 $49,023.96 plus rental tax
06-07 $15.82 s/f $4,218.67 $50,624,04 plus rental tax
07-08 $16.32 s/f $4,352.00 $52.224.00 plus rental tax
08-09 $16.82 s/f $4,485.33 $53,823.96 plus rental tax
09-10 $17.32 s/f $4,618.67 $55.424.16 plus rental tax
10-11 $17.82 s/f $4,752.00 $57,024.00 plus rental tax
11-12 $18.32 s/f $4,885.33 $58,623.96 plus rental tax
Lessee agrees to pay all NNN charges on a monthly bases, which are
approximately $3.95 per square foot annually.
4. Lessor agrees to make improvements in Suites 130 and 132 as set forth in Exhibit
"B" attached hereto and by this reference and made a part thereof at the sole
expense of Lessor. Lessor agrees to spend up to $30,000.00 in Tenant
Improvements for plans, permits, build-out finish to the Demised Premises. It is
currently estimated that the cost for all requested improvements, including signage
for the Demised Premises and on the two (2) monument signs will be
approximately $60,000.00. Lessee agrees to pay for all improvements above the
$30.000.00 allowance within thirty 30-days of billing by Lessor.
Article 10 of the lease to be amended to read as follows: Each party (as
"indemnitor") agrees to indemnify, defend and hold harmless the other party (as
"indemnitee") front and against any and all claims, losses, liability, costs or
expenses (including reasonable attorney's fees) (hereinafter collectively referred
to as "claims") arising out of bodily injury of any person (including death) or
property damage. but only to the extent that such claims which result in
vicarious/derivative liability to the indemnitee are caused only by the willful
misconduct or gross negligence of the indemnitor, its officers, officials, agents
employees, or volunteers.

6. Lessee agrees to install professional window treatments on the storefront windows
of Suites 130 & 132 in lieu of a window tinting.
7. Lessee's five (5) year Option to Renew as outlined in Lease at Article 18 for Suite
134 shall be revised as follows:
Option: Year one (1) - $11.50 s/f with annual increases of $.25 per square
foot per year.
Lessee shall have the Option to Renew the lease for one (1) additional term of five
(5) years. The minimum Guaranteed Rental shall be as follows:
Option: Year one (1) - $19.00 s/f with annual increases of $.25 per square
foot per year.
8. The first line of Article 35 shall read as follows: Lessee and Lessor covenant and
represent to each other that, except for Keller Williams Realty East Valley, who
shall be paid by Lessor pursuant to the terms of a separate agreement, no parties
are entitled to be paid a fee or commission in connection with the transaction
contemplated by this amendment to the Lease.
Not withstanding the maintenance requirements as set forth in Article 13, should
Lessee require maintenance or repairs performed pursuant to Article 13, Lessee
has the option to request Lessor to perform said maintenance. Upon completion
of required maintenance. Lessee shall pay cost of maintenance within thirty days
(30) of receipt of invoice from Lessor.
10. The foregoing paragraphs contain all the changes made by this amendment. All
other terms arid conditions of the original agreement and as modified by
subsequent lease amendments remain the same and in full force and effect.
*** ****** ************************************ ******* *****************

IN WITNESS WHEREOF, the parties have signed this Amendment
LESSOR: FREANEL & Son Gilbert, LLC LESSEE: Maricopa County Board
of Supervisors
By: By: YVV\tek
Chairman of t oard
ATTEST:A
Title L14,C
DEPUTY Clerk of the Board
Date: Date: Lf I p.. DI Oc
This Amendment has been reviewed by the undersigned Deputy County Attorney, who has determined that
it is proper in form and is within the power and authority granted under the laws of the State of Arizona.

0_2(05/200.5 16:35 FAX 602+84 0 ":4 -: SAiTIN n POLI & BALL
Earararr "A"
GILBERT TOWNE CENTRE
SIM PLAN

Exhibit B
Tenant Improvements
Job Site: Maricopa Work Force
745 N Gilbert Rd
Suite 130 & 132
Gilbert, AZ 85234
a) Demo approx 721f of
b) Demo back drywall, cut 3070 opening at CMU, install lintel, and wrap opening.
c) Remove shells and closet wall with door and repair end walls.
d) Build approx 19011 of interior walls with (7) six panel doors, flames and hardware.
e) Sidelites at (4) office doors.
0 Insulation in approx 75If of new conference room.
g) Frame in header for accordion door.
h) (1) New 3070 storefront door.
1) Remove (1) existing restroom door and replace with new 3068 door.
j) Install cap on pony walls.
k) Remove laundry tub and replace with wall mount sinkffaucet.
I) Reroute existing lights to (9) new switches.
m) Add (2) exit signs and (3) emergency lights and tie into the existing circuit
n) Add (31) duplex outlets per power plan.
o) Add (1) new power pole.
p) Add (1) supply in IT room.
q) Add return air grille in conference room.
r) Add (2) AC supplies.
s) Change out (4) AC supply grilles to perforated grilles.
t) Prime and paint.
u) Add carpet, 200 square feet VCT, and 732If covebase.
v) Provide dumpster.
w) Add (2) floor mount boxes and (1) new circuit panel box.
x) Add (33) J Boxes.
y) Build approx 20' long x 8' tall accordion wall.
z) Demo cabinets and counters in front area.
aa) Renovate (I) restroorn in Suite 130 and (1) testroom in Suite 132.
bb) Add exit device on exterior door in Suite 130.
cc) Add (2) 20 amp-dedicated circuits in IT room.
dd) Add (1) TMB, paint, and (2) fire extinguishers.
ee) Add (1) new 2x4 T8 electronic ballast troffer light fixtures.

COMMENCEMENT DATE CONFIRMATION
Landlord: FREANEL & Son Gilbert, L.L.C., an Arizona Limited Liability
Company
Tenant: Maricopa County a Political Subdivision of the State of Arizona
This Commencement Date Confirmation is made by the undersigned Landlord
and Tenant pursuant to that certain Office Lease Agreement No. L7297 dated as of
December 14, 2000 for certain premises known as Suite 407 in the building commonly
known as 1010 East McDowell Road.
Lease Commencement Date, Termination Date. Landlord and Tenant hereby
agree that the Commencement Date of the Lease is , and the Termination
Date of the Lease is
LANDLORD: TENANT:
FREANEL & Son Gilbert, LLC Maricopa County
An Arizona Limited Liability Co.
By: By:
Its: Its: Real Estate Services Manager