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Lease No. L-7301 C-50-01-014-4-02 SECOND AMENDMENT TO LEASE No. L-7301 THIS SECOND AMENDMENT TO LEASE (the “Agreement”), dated for reference purposes as of the _________ day of ______________________, 2015, is by and between the Town of Cave Creek (“Lessor”) and Maricopa County, a political subdivision of the State of Arizona (“Lessee”), together (the “Parties”). R E C I T A L S WHEREAS, Lessee and Lessor entered into that certain Lease Agreement No. L-7301 dated September 6, 2000, (the “Lease”) and subsequently amended May 12, 2010 (the “First Amendment”) for Lessee’s use of 4,432 square feet of office space and use of common areas in the Town of Cave Creek’s municipal complex located at 37622 North Cave Creek Road, Cave Creek, Arizona; and WHEREAS, the Parties now desire to execute this Agreement to extend the term of the Lease, update Lessee Notice Address, adjust the Lease rate, and modify Lessor and Lessee responsibilities, and make certain tenant and common area improvements. NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto agree as follows: 1. Incorporation of Recitals/Capitalized Terms. The Recitals set forth above are deemed to be true and accurate in all respects and are hereby incorporated into this Agreement by this reference. Capitalized terms used in the Agreement shall have the same meanings as ascribed to them as in the Lease unless otherwise expressly defined in this Agreement. In the event of any conflict between the terms of the Lease and the terms of this Agreement, the terms of this Agreement shall govern control. 2. Effective Date. Unless otherwise set forth in this Agreement, the changes to the Lease set forth herein will be effective as of the date the Agreement is fully executed by the Parties (the “Effective Date”). 3. Term, Renewal Term. The term of the Lease is hereby extended for a period of sixty (60) months, from September 1, 2015, to August 31, 2020, (the “Extended Term”) unless sooner terminated as otherwise provided in the Lease. This Agreement is subject to the provisions of A.R.S. §38-511 and may be terminated pursuant thereto. Lessor hereby grants to Lessee the option of renewing the Lease for one additional five-year term. To exercise this third option, Lessee shall give Lessor Ninety (90) days written notice of Lessee’s intent to renew prior to the expiration of the renewal term of the Lease. The rental rate during the third renewal term of the Lease shall be subject to mutual agreement of the Parties. In the event of expiration of the Lease without a third renewal, Lessor hereby grants to Lessee the right of continued occupancy of the Premises as a “Hold over tenant” on a “month to month” basis for up to six (6) months at the lease rate in effect at the time of expiration, payable monthly. 4. Rent. The rent due from the Lessee during the Extended Term shall be Seven Thousand Five Hundred Seventy One Dollars and Thirty three Cents ($7,571.33) per month plus rental taxes. 5. Common Area Improvements. Lessor shall make the following improvements at Lessor’s sole cost and expense: a) Upgrade existing lighting to the exterior area of the Premises including the parking lot area, b) Fill-in gaps between the curb and landing and make safe the entrance to the Premises, c) Repair parking lot surface with crushed rock and/or asphalt where needed. 6. Tenant Improvements. Lessor and Lessee shall share equally in the actual cost of flooring replacement in agreed upon areas of the Premises, with Lessee’s cost not to exceed Eight Thousand Dollars ($8,000.00). 7. Utilities. Section 3) of the Lease Agreement is deleted in its entirety and replaced with the following: 3) LESSEE shall be responsible for reimbursing the Lessor for electrical utility services provided to LESSEE’S portion of the Premises. LESSEE shall be responsible for the installation and all charges for telephone service. LESSOR shall be solely responsible for all costs associated with providing the following services to the Premises: water/sewer service, trash removal service, janitorial service, pest control service and gas service. 8. Notices. Section 18 of the Lease is hereby modified to provide that Notices to Lessee shall be addressed as follows: Notice to Lessee: Maricopa County Sheriff’s Office Business Operations Command 550 West Jackson Street Phoenix, AZ 85003 With a copy to: Public Works Real Estate Division Attn: Chief Real Estate Officer 2801 W. Durango Street Phoenix, AZ 85009 9. The foregoing paragraphs contain all the changes made by this amendment. All other terms and conditions of the original agreement and amendments thereto remain the same and in full force and effect. L-7301 Amendment No. 2 C-50-01-014-4-02 LESSOR: LESSEE: Town of Cave Creek Maricopa County Board of Supervisors _____________________________________ ____________________________________ Peter Jankowski, Town Manager Chairman of the Board ATTEST: ATTEST: _____________________________________ ____________________________________ Carrie Dyrek, Town Clerk Date Clerk of the Board Date APPROVED as to FORM: APPROVED as to FORM: _____________________________________ ____________________________________ Town Attorney Date Deputy County Attorney Date