AMENDMENT 13 TO LEASE L-7237.DOCX
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LEASE No. L-7237 AMENDMENT No. 13 C-88-97-024-4-15 AMENDMENT No. 13 TO LEASE AGREEMENT L-7237 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 AND MARICOPA COUNTY, LESSEE RECITALS A. Lessor and Lessee are parties to that certain lease Agreement No. L-7237 (Agreement) dated and approved by the Maricopa County Board of Supervisors October 16, 1996 and subsequently amended by Amendment No. 1 on December 19, 1996; Amendment No. 2 on December 2, 1998; Amendment No. 3 on January 2, 2000; Amendment No. 4 on April 19, 2000; Amendment No. 5 on August 27, 2003; Amendment No. 6 on March 3, 2004; Amendment No. 7 on November 1, 2006; Amendment No. 8 on September 2, 2009; Amendment No. 9 on November 17, 2010, Amendment No. 10 on January 12, 2011; Amendment No. 11 on January 11, 2012; and Amendment No. 12 on March 26, 2014 (together the "Agreement"). The Agreement is for leased premises at 1001 N. Central Ave., Phoenix, AZ, consisting of 38,456 rentable square feet of lease space. B. The term of the Agreement expires on 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 Agreement No. L-7237 as follows: 1. 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. 13, 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. 13. All other terms and conditions of the original agreement and as modified by subsequent lease amendments number one, two, three, four, five, six, seven, eight, nine, ten, eleven and twelve remain the same and in full force and effect. * ******* *** ********* ******** ** ********* ******** ** ******* ** ******** ** ********** ********* ****** LEASL, No, t4231 AMENDMENT No. 13 C-8S-97-024-4-15 IN WITNESS WHEREOF, the parties have signed this Amendment: LESSOR: TOOT N. Central Holdings, LLC LESSEE: Marieona County By Chairrnan of the Board of -Supervisors Title; Manager Date: ATTEST: Clerk of the Board Date: .III• This Amendment has been reviewed by the undersigned an Attorney, who has determined that it IS proper in thrm and is within the power and MillOrity granted under the laws of the Suite of Arizona. 'Deputy Col* Attorney // Date 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 M8.1 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 -3 1-2015 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 E10.1 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. 13 to Lease L-7237.