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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