2015-07-15 AMENDMENT NO 6 V3.PDF

LEASE No. L-7336 AMENDMENT No. 6
C-50-04-004-4-00, 01, 02, 03
C-50-12-017-M-00
C-50-12-017-M-01
C-50-12-017-M-02
C-50-12-017-M-03
AMENDMENT No. 6 TO LEASE AGREEMENT
BETWEEN
CHIN YI TU FAMILY LIVING TRUST, LESSOR
AND
MARICOPA COUNTY, LESSEE
RECITALS
A. WHEREAS, Lessor, as successor in interest to the City of Glendale and Corporate
Holdings, Inc d.b.a. Temple Air Center, and Lessee are parties to that certain Lease
Agreement No. L-7336 approved by the Maricopa County Board of Supervisors under
agenda item C-50-04-004-4-00 on June 18, 2003; and
B. WHEREAS, Lessee administratively updated the the lease under Maricopa County
Board of Supervisors agenda item C-50-04-004-4-02 on August 16, 2006,
documenting the change in ownership of Lessor from Corporate Holdings, Inc. d.b.a.
Temple Air Center to the City of Glendale, Arizona, which is acknowledged by the
parties to be Amendment No. 1 to the lease; and
C. WHEREAS, Lessee and Lessor amended the lease under Maricopa County Board of
Supervisors agenda item C-50-04-004-4-03 as of January 14, 2009, to document the
change in ownership of the Premises from City of Glendale to Chin Yi Tu Family
Living Trust, and to document other changes to the Lease Agreement, which
amendment is acknowledged by the parties to be Amendment No. 2 to the lease; and
D. WHEREAS, Lessee and Lessor amended the lease under Maricopa County Board of
Supervisors agenda item C-50-12-017-M-00 as of September 14, 2011, to remove
Hangar #4 from the Premises and to reduce Lessee’s annual base rent, which
amendment is acknowledged by the parties to be Amendment No. 3 to the lease; and
E. WHEREAS, Lessee and Lessor amended the lease under Maricopa County Board of
Supervisors agenda item C-50-12-017-M-01 as of February 12, 2014, to extend the
term of the lease through December 31, 2015; and
F. WHEREAS, Lessee and Lessor amended the lease under Maricopa County Board of
Supervisors agenda item C-50-12-017-M-02 as of February 24, 2015, to reduce the
leased premises just consist of Hangar #5 and reduce the rent accordingly; and

G. WHEREAS, the Premises is Hangar # 5 located at the City of Glendale Airport at
6801 N. Glen Harbor Boulevard, Glendale, AZ, consisting of approximately 4,147
square feet of hangar space; and
H. WHEREAS, Lessee’s quarterly base rent is $6,000.00, plus rental tax, paid on a
quarterly basis on or before the first day of each quarter; and
I. WHEREAS, the term of the lease expires on December 31, 2015; and
J. WHEREAS, Lessor and Lessee now mutually desire to terminate Lease Agreement L-
7336.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing and other good and
valuable consideration, receipt of which is hereby acknowledged, Lessee and Lessor agree
to amend the Lease Agreement as follows:
1. As of July 31, 2015, Lessee and Lessor agree to terminate Lease Agreement
L-7336.
2. On or before July 31, 2015, Lessee shall remit to Lessor rents due in the amount
of $2,000 plus applicable taxes.
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.
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LEASE No. L-7336 AMENDMENT No. 6
C-50-04-004-4-00,01,02,03
C-50-12-017-M-00
C-50-12-017-M-01
C-50-12-017-M-02
C-50-12-017-M-03
IN WITNESS WHEREOF, the parties have signed this Amendment No. 6:
LESSOR: Chin Yi Tu Family Living Trust LESSEE: Maricopa County
By: ____________________________ By: __________________________
Chairman of the Board of Supervisors
_______________________________
Title
Date:_________________
ATTEST:
____________________________
Clerk of the Board of Supervisors
Date:__________________
This Amendment No. 6 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.
____________________________________
Deputy County Attorney Date