AMENDMENT NO 8 TO LEASE L-7365.DOCX

Maricopa County — Formal (2015-04-08)

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LEASE No. L-7365 AMENDMENT No. 08
C-85-05-007-0-09
AMENDMENT No. 8 TO LEASE AGREEMENT L-7365
BETWEEN
1001 N. CENTRAL HOLDINGS, LLC, LESSOR
As Successor in Interest to
1001 CENTRAL PARTNERS, LLC and CENTRAL ROOSEVELT I, LLC
AND
MARICOPA COUNTY, LESSEE
RECITALS
A. Lessor and Lessee are parties to that certain Lease Agreement No. L-7365 dated
and approved by the Maricopa County Board of Supervisors February 2, 2005 and
subsequently amended by Amendment No. 1 on November 21, 2006; Amendment
No. 2 on January 16, 2008; Amendment No. 3 on September 2, 2009;
Amendment No. 4 on November 17, 2010; Amendment No. 5 on January 12,
2011; Amendment No. 6 on January 11, 2012; and Amendment No. 7 on March
26, 2014 (together the "Agreement"). The lease is for premises at 1001 N.
Central Ave., Phoenix, AZ, consisting of 34,175 rentable square feet of lease
space.
B. The term of the lease expires June 30, 2018.
C. Lessor and Lessee now mutually desire to amend the Agreement to acknowledge
and document certain improvements Lessee is authorized to make to the electrical
system and mechanical system servicing the Premises and to establish the method
whereby the Parties will reconcile future adjustments in the cost of electricity
serving the Premises.
AGREEMENT
NOW THEREFORE, in consideration of the foregoing and other valuable
considerations, Lessee and Lessor agree to amend Lease No. L-7365 as follows:
Lessor acknowledges Lessee's desire to make improvements to the mechanical and
electrical systems serving the Premises and Lessor authorizes Lessee to make said
improvements to the mechanical system and electrical system serving the Premises
as those modifications are shown on the plans that are listed in Exhibit "A" to this
Amendment No. 8, which Exhibit "A" (the "Electrical and Mechanical

Improvements") is attached hereto and made a part hereof Lessee shall be
financially responsible for all costs associated with design, permitting, purchase
and installation of the work associated with the Electrical and Mechanical
Improvements. Lessee shall be responsible for performing the work required to
complete the Electrical and Mechanical Improvements. All work must conform to
and be in substantial accordance in quality and appearance with the quality and
appearance of the improvements in the remainder of the building. Lessee shall
provide Lessor with evidence that Lessee's contractors have procured worker's
compensation, liability and property damage insurance (naming Lessor as an
additional insured) in a form and in an amount approved by Lessor, and evidence
that Lessee's architect and/or contractors have procured the necessary permits,
certificates and approvals from the appropriate governmental authorities. Lessee
acknowledges and agrees that any review by Lessor of Lessee's plans and
specifications is for Lessor's benefit only and Lessor shall not, by virtue of such
review, be deemed to have made any representation, warranty or acknowledgement
to Lessee as to the adequacy of Lessee's plans and specifications.
2. Notwithstanding those provisions in the Agreement to the contrary, the Parties
agree that Lessee shall perform and be responsible for all costs relating to all
repair/replacement maintenance of the Electrical and Mechanical Improvements.
3, The Parties agree that, upon expiration or early termination of this Lease, the
Electrical and Mechanical Improvements affixed to the Premises shall be
considered as a part of the realty and shall be surrendered with the Premises as a
part thereof, but specifically excluding the Hoffman Cooled Data Cabinets which
shall remain personal property of the Lessee.
4. The Parties acknowledge that the cost of electricity serving the Premises may
increase from time to time as a result of the Electrical and Mechanical
Improvements and Lessee agrees that its monthly rent payment shall increase by
$500.00 commencing on the first payment due date after completion of the
Electrical and Mechanical Improvements to offset said cost. Annually, Lessee and
Lessor shall review and reconcile any discernible increase in the cost of electrical
service to the Premises as a result of the Electrical Mechanical Improvements (the
"Electrical Cost Reconciliation") above the increased rental amount set forth
herein. Within thirty (30) days of completing the Electrical Cost Reconciliation,
the Lessee shall reimburse the Lessor for the amount of increase in cost of
electricity evidenced in the Electrical Cost Reconciliation.
5. The effective date of this Amendment is the date of execution by the Chairman of
the Maricopa County Board of Supervisors.
6. This Agreement is subject to termination pursuant to A.R.S. 38-511.
7. The foregoing paragraphs contain all the changes made by this Amendment No. 8.
All other terms and conditions of the original agreement and as modified by
subsequent lease amendments numbered one, two, three, four, five, six, and seven
remain the same and in full force and effect.
************************************************************************

LEASE. No, 1.:7165 AMENDM MT No, 08
C4S-05407•0•09
IN WITNESS WHEREOF, the parties have signed this Amendment;
LESSOR: 1001 N. Central Holdings, 11.0 LESSEE: Marieopa County
By: By:
Chai man of the Board of Supurviwirs
Title: Maria er
Date: 0/205-
ATTEST:
Clerk of the Board
Date:
This Annulment has been roviewed by the undersigned Deputy County Attorney, who has determined that
it LI proper in thrm and is within the power and authority granted under the laws of the Stale of Arizona.
-

EXHIBIT 'A'
Electrical and Mechanical Improvements
(page 1 of 2)
The modifications to the Premises under the Electrical and Mechanical Improvements are
shown on the Pearson Engineering Associates, Inc. plans for "Maricopa County Remote
Sites, Environmental Services - 3832, OET Equipment Room Upgrades, 1001 North
Central Avenue, Phoenix, Arizona 85004" as those plans are numbered, entitled, and
dated as shown below:
T1.0 Title Sheet Dated 03-31-2015
A9.1 Architectural Overall Ninth Floor Plan Dated 03-31-2015
A9.2 Architectural Enlarged Ninth Plan Dated 03-31-2015
MO.1 Mechanical Schedules Dated 03-31-2015
M1.1 Mechanical Overall First Floor Plan Dated 03-31-2015
M1.2 Mechanical Enlarged First Floor Plan Dated 03-31-2015
M2.1 Mechanical Overall Second Floor Plan Dated 03-31-2015
M2.2 Mechanical Enlarged Second Floor Plan Dated 03-31-2015
M3.1 Mechanical Overall Third Floor Plan Dated 03-31-2015
M3.2 Mechanical Enlarged Third Floor Plan Dated 03-31-2015
M4.1 Mechanical Overall Fourth Floor Plan Dated 03-31-2015
M4.2 Mechanical Enlarged Fourth Floor Plan Dated 03-31-2015
M5.1 Mechanical Overall Fifth Floor Plan Dated 03-31-2015
M5.2 Mechanical Enlarged Fifth Floor Plan Dated 03-31-2015
M6.1 Mechanical Overall Sixth Floor Plan Dated 03-31-2015
M6.2 Mechanical Enlarged Sixth Floor Plan Dated 03-31-2015
M7.1 Mechanical Overall Seventh Floor Plan Dated 03-31-2015
M7.2 Mechanical Enlarged Seventh Floor Plan Dated 03-31-2015
M8.I Mechanical Overall Ninth Floor Plan Dated 03-31-2015
M8.2 Mechanical Enlarged Ninth Floor Plan Dated 03-31-2015
M9.1 Mechanical Details Dated 03-31-2015
E0.1 Electrical Symbols Legend Dated 03-31-2015
E0.2 Electrical Overall Basement Plan Dated 03-31-2015
E0.3 Electrical Enlarged Basement Plan Dated 03-31-2015
E1.1 Electrical Overall First Floor Plan Dated 03-31-2015
E1.2 Electrical Enlarged First Floor Plan Dated 03-31-2015
E2.1 Electrical Overall Second Floor Plan Dated 03-31-2015
E2.2 Electrical Enlarged Second Floor Plan Dated 03-31-2015
E3. 1 Electrical Overall Third Floor Plan Dated 03-31-2015
E3.2 Electrical Enlarged Third Floor Plan Dated 03-31-2015
E4.1 Electrical Overall Fourth Floor Plan Dated 03-31-2015
E4.2 Electrical Enlarged Fourth Floor Plan Dated 03-31-2015
E5.1 Electrical Overall Fifth Floor Plan Dated 03-31-2015
E5.2 Electrical Enlarged Fifth Floor Plan Dated 03-31-2015

EXHIBIT 'A'
Electrical and Mechanical Improvements
(page 2 of 2)
E6.1 Electrical Overall Sixth Floor Plan Dated 03-31-2015
E6.2 Electrical Enlarged Sixth Floor Plan Dated 03-31-2015
E7.1 Electrical Overall Seventh Floor Plan Dated 03-31-2015
E7.2 Electrical Enlarged Seventh Floor Plan Dated 03-31-2015
E8.1 Electrical Overall Ninth Floor Plan Dated 03-31-2015
E8.2 Electrical Enlarged Ninth Floor Plan Dated 03-31-2015
E9.1 One-Line Diagram Dated 03-31-2015
E9.2 One-Line Diagram Dated 03-31-2015
E10.I Panel Schedules Dated 03-31-2015
E10.2 Panel Schedules Dated 03-31-2015
E10.3 Panel Schedules Dated 03-31-2015
E10.4 Panel Schedules Dated 03-31-2015
The forgoing plans referenced above are part of, and incorporated within, this
Amendment No. 8 to Lease L-7365.