Resolution 5563

City of Chandler — Regular Meeting (2022-03-24)

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RESOLUTION NO. 5563

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHANDLER,
ARIZONA, APPROVING AN INTERGOVERNMENTAL AGREEMENT
BETWEEN THE CITY OF CHANDLER AND THE ARIZONA BOARD OF
REGENTS ON BEHALF OF THE UNIVERSITY OF ARIZONA FOR UP TO
$1 MILLION IN TENANT IMPROVEMENT COSTS, RELOCATION, AND
RENT EXPENDITURES ASSOCIATED WITH THE LEASING AND
BUILDOUT OF OFFICE SPACE LOCATED AT 55 N. ARIZONA PLACE.

WHEREAS, the University of Arizona (“University”) intends to lease and improve at least
10,000 square feet of office space at a property in Chandler known as The Jonathan located at 55
N. Arizona Place for classrooms and administrative offices (the “Chandler Center”); and

WHEREAS, expanding higher education opportunities in Chandler benefits the public and the
City desires to support University’s efforts to provide additional programming and serve more
students in Chandler; and

WHEREAS, in exchange for the public benefits to be provided by the Chandler Center, the City
intends to reimburse University for up to $1 million in tenant improvement costs, relocation, and
rent expenditures associated with University’s leasing and buildout of the property in accordance
with the terms of an Intergovernmental Agreement; and

WHEREAS, A.R.S. §§ 11-951 through 11-954 authorize the City and University to enter into the
Agreement.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chandler, Arizona,
as follows:

Section 1. The City of Chandler is authorized to enter into an Intergovernmental Agreement
between the City and University in substantially the form attached hereto as
Exhibit “A”.

Section 2. The Mayor is authorized to execute the Intergovernmental Agreement and this

Resolution on behalf of the City of Chandler.

PASSED AND ADOPTED by the Mayor and City Council of the City of Chandler, Arizona, this
day of March, 2022.

ATTEST:

CITY CLERK MAYOR

Resolution No, 5563
Page 2

CERTIFICATION

I HEREBY CERTIFY that the above and foregoing Resolution No. was duly passed and
adopted by the City Council of the City of Chandler, Arizona, at a regular meeting held on the
day of March, 2022, and that a quorum was present thereat.

CITY CLERK

APPROVED AS TO FORM:

Qu

CITY ATTORNEY “VY

Resolution No, 5563
Page 3

Exhibit “A”
Intergovernmental Agreement
between the City of Chandler and
the University of Arizona