AMENDMENT 11 TO LEASE L-7171 RE 1837 PROPERTY, LLC.PDF
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LEASE NO L-7171
C-24-04-001-4-05
AMENDMENT No. 11 TO LEASE AGREEMENT
BETWEEN
1837 Property, LLC, LESSOR
AND
MARICOPA COUNTY, LESSEE
RECITALS
A.
Lessor and Lessee ( “Parties”) are Parties to that certain Lease Agreement No. L-
7171 dated October 19, 1992 and subsequently amended by Amendment No. 1
dated October 2, 1996; Amendment No. 2 dated June 22, 1998; Amendment No.
3 dated October 18, 2000; Amendment No. 4 dated October 2, 2003; Amendment
No. 5 dated June 22, 2005; Amendment No. 6 dated May 17, 2006; Amendment
No. 7 dated July 22, 2009; Amendment No. 8 dated June 6, 2012; Amendment
No. 9 dated November 5, 2014; and Amendment No. 10 dated July 31, 2019
(collectively “Lease”). The Lease is for premises described as 8,998 square feet
of office and court space located at 1837 S. Mesa Drive, Mesa, Arizona (the
“Premises”).
B.
The Lease expires February 28, 2022.
C.
The Parties now mutually desire to enter into this Amendment No. 11 to the Lease
(“Amendment”) to extend the Lease term and update Licensee’s notice address.
AGREEMENT
NOW THEREFORE, in consideration of the foregoing and other good and
valuable consideration, the sufficiency and adequacy of which are hereby
acknowledged, Licensor and Licensee agree to amend the Lease as follows:
1.
The Recitals, by this reference, are hereby incorporated in this Amendment.
2.
Capitalized terms used in this Amendment without definition shall have the
meanings assigned to such terms in the Lease, unless the context expressly
requires otherwise.
3.
The Parties hereby agree to extend the term of the Lease, at the rental rate of
$23.50 per square foot (plus rental tax), for sixteen (16) months commencing on
March 1, 2022, and expiring on June 30, 2023, unless terminated earlier as
provided for in the Lease.
4.
The effective date of this Amendment is the date of. execution by Maricopa
County. This Lease, as amended, is subject to termination pursuant to the
provisions of A.R.S. §38-511.
LEASE NO L-7171
C-24-04-001-4-05
5.
The notice address for the Licensee shall be changed to the following:
Maricopa County Real Estate Department
Attn: Director
2801 West Durango Street
Phoenix, Arizona 85009
6.
The foregoing paragraphs contain all the changes made by this Amendment. All
other terms and conditions of the Lease remain the same and in full force and
effect.
IN WITNESS WHEREOF, the Parties have signed this Amendment.
LESSOR:
LESSEE:
1837 Property, LLC
Maricopa County
_______________________________
___________________________________
Jerry Banicki, Member
Jack Sellers
Chairman of the Board of Supervisors
_______________________________
Date
ATTEST:
____________________________________
Clerk of the Board
Date
APPROVED as to FORM:
____________________________________
Deputy County Attorney
Date