LEASE AMENDMENT RE IMMUNIZATION WITH BINDERUP.PDF

LEASE No. L-7343 AMENDMENT No. 2
C-86-04-022-4-03
AMENDMENT No. 2 TO LEASE AGREEMENT
BETWEEN
BINDERUP INVESTMENTS, INC.,
DBA ARIZONA BRITTANY SQUARE, LLC, LESSOR
AND
MARICOPA COUNTY, LESSEE
RECITALS
A. Lessor and Lessee are parties to that certain Lease Agreement No. L-7343 dated and
approved by Maricopa County Board of Supervisors November 19, 2003 and subsequently
amended December 17, 2008 (the "Lease"). The Lease is for premises at 6666 West Peoria
Avenue, Glendale, Arizona, consisting of 2,368 square feet of space.
B. The term of the Lease expires on December 31, 2013.
C. Lessor and Lessee now mutually desire to amend the current lease to create a new lease
term, adjust the annual rent schedule, update notice address for Lessor, and make other
modifications to the Lease as stipulated herein.
AGREEMENT
NOW THEREFORE, in consideration of the foregoing and other valuable
considerations, Lessee and Lessor agree to amend Lease No. L-7343 as follows:
1. The term of the Lease is hereby extended three (3) years, commencing January 1, 2014 and
expiring December 31, 2016, unless terminated earlier as provided for in the Lease.
2. Section 10 of the original Lease Agreement is deleted in its entirety and replaced with the
following: "Either Lessor or Lessee may terminate this Lease during the term, or renewal
term, by giving the other party prior written notice by certified mail at least one hundred
eighty (180) days in advance of intent to terminate. In the event Lessor or Lessee terminates
this Lease during the term, or renewal term, the rent payment heretofore made by Lessee
shall be pro-rated on the number of days remaining in the final month of occupancy. Lessor
shall refund the pro-rated amount to Lessee within 30 days after termination. Lessee may
terminate this Lease at the end of any fiscal year during the term, or renewal term, of the
Lease provided that funds are not available from the governing legislature or funding body
for continuation of the Lease. Lessee's fiscal year ends on June 30 of each year. This
contract is subject to A.R.S. 38-511 and may be canceled pursuant thereto."
3. Lessee agrees to pay as base rent during the renewal term, in equal monthly installments, in
the sums as follows:

Year Rate Monthly Annual
2014 $16.00/sf $3,157.33 $37,888.00 plus rental tax
2015 $16.50/sf $3,256.00 $39,072.00 plus rental tax
2016 $17.00/sf $3,354.67 $40,256.00 plus rental tax
4. The effective date of this Amendment No. 3 is the date of execution by the Maricopa County
Board of Supervisors.
5. Copies of all notices to be given to Lessor and all remittances shall be sent to Lessor at:
Arizona Brittany Square, LLC
c/o Desert Pacific Advisors, LLC
9393 North 90th Street, #207
Scottsdale, AZ 85258
6. This Lease is subject to termination pursuant to the provisions of A.R.S. 38-511.
7. 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 amendment
number one, remain the same and in full force and effect.

LEASE No. L-7343 AMENDMENT No. 2
C-86-04-022-4-03
IN WITNESS WHEREOF, the parties have signed this Amendment
LESSOR: Binderup Investments, Inc. LESSEE: Maricopa County
DBA Arizona Brittany Square, LLC Board of Supervisors
By: By:
Douglas F. Binderup, President Chairman of the Board
ATTEST:
Date
Clerk of the Board Date
This Amendment has been reviewed by the undersigned Attorney, who has determined that it is proper in
form and is within the power and authority grted under the laws of the State of Arizona.