P-50343_AMD_3_MCAO AND LANDLORD.PDF
Extracted text (via pymupdf)
4272 characters
License No. P-50343 Amendment No. 3 C-85-20-007-3-03 Page 1 of 4 THIRD AMENDMENT TO LICENSE AGREEMENT ARIZONA SCIENCE CENTER AND MARICOPA COUNTY RECITALS A. WHEREAS, Arizona Science Center, an Arizona nonprofit corporation (“Licensor”) and Maricopa County, a political subdivision of the state of Arizona (“Licensee”), (collectively, the “Parties”), are Parties to that certain License Agreement dated October 23, 2019, and subsequently amended August 18, 2021 and December 7, 2022 (collectively, “Agreement”). The Agreement is for premises located at 600 E. Washington Street, Phoenix, AZ (“Property”) for an Air Quality Educational Kiosk and air monitoring equipment; and B. WHEREAS, the term of the Agreement expires on September 30, 2025; and C. WHEREAS, Licensee has exercised the first Renewal Option to extend the term of the Agreement for one (1) period of two (2) years on the same terms and conditions of the Agreement (“First Renewal Option”); and D. WHEREAS, the Parties now mutually desire to enter into this Third Amendment to the Agreement (“Third Amendment”) to extend the term of the Agreement. AGREEMENT NOW THEREFORE, in consideration of the foregoing and other good and valuable consideration, receipt and sufficiency of which is hereby acknowledged, Licensor and License agree to amend the Agreement as follows: 1. The Recitals, by this reference, are hereby incorporated into this Third Amendment. 2. Capitalized terms used in this Third Amendment without definition shall have the meanings assigned to such terms in the Agreement, unless the context expressly requires otherwise. 3. The term of the Agreement is hereby extended for two (2) years commencing October 1, 2025 through September 30, 2027, unless terminated earlier as provided for in the Agreement. The Agreement, as amended, is subject to termination pursuant to A.R.S. §38- 511, the provisions of which are incorporated herein by this reference. The Agreement, as Docusign Envelope ID: DFDB30D4-F3CC-4B75-B0B4-2FDB960D7EAE License No. P-50343 Amendment No. 3 C-85-20-007-3-03 Page 2 of 4 amended, may be terminated by Licensee at the end of any fiscal year due to non- appropriation of funds without any penalty or liability to Licensee. Either party may terminate this Agreement with or without cause by giving ninety (90) days’ prior written notice to the other of intent to terminate. 4. Licensee shall have the option to renew this Agreement for the one (1) remaining additional period of two (2) years on the same terms and conditions of the Agreement (“Second Renewal Option”). If Licensee wishes to exercise the Second Renewal Option, Licensee shall provide written notice of their intent to renew no later than sixty (60) days prior to the expiration of the First Renewal Option. 5. The foregoing paragraphs contain all the changes made by this Third Amendment. All other terms and conditions of the Agreement and subsequent amendments thereto will remain the same and in full force and effect. THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK Docusign Envelope ID: DFDB30D4-F3CC-4B75-B0B4-2FDB960D7EAE License No. P-50343 Amendment No. 3 C-85-20-007-3-03 Page 3 of 4 IN WITNESS WHEREOF, the Parties have fully executed this Third Amendment as of the last date written below. LICENSOR: Arizona Science Center, an Arizona nonprofit corporation Matt Schwartz, Vice President of Innovation ____________________________________ Date Docusign Envelope ID: DFDB30D4-F3CC-4B75-B0B4-2FDB960D7EAE 7/14/2025 License No. P-50343 Amendment No. 3 C-85-20-007-3-03 Page 4 of 4 LICENSEE: Maricopa County, a political subdivision of the state of Arizona ___________________________________________ Chairman of the Board of Supervisors Attest: _____________________________________________ Clerk of the Board Date Approved as to Form ____________________________________ Deputy County Attorney Date Docusign Envelope ID: 4D619A30-D686-4431-AAAF-3D49D964607B 7/21/2025