Exhibit 10.36
FIRST AMENDMENT TO LEASE
McCarran Center
THIS FIRST LEASE AMENDMENT ("Amendment") is entered into as of this 10TH
day of September, 1999, by and between McCarran Center, LC ("LANDLORD") and
Nextel WIP Lease Corp. ("TENANT") and amends the Lease Agreement between
Landlord and Tenant dated May 11, 1999. Landlord and Tenant hereby agree as
follows:
1. Precedence Over Lease
Except to the extent that terms are defined herein to the
contrary, all terms used in this Amendment shall have the same
meaning as the defined terms set forth in the Lease.
Original Lease:
Phase I Occupancy: From the Commencement Date through October 1,
2000, Tenant shall occupy Phase I (15,000 sq. ft.) and the Base Rent
shall be as follows:
Base Rent: $16,050 per month ($1.07 per sq. ft. x
15,000 sq. ft.)
Over Std. Parking: $559.34 per month (parking at 5/1,000 on
23,306 sq. ft. @ $.024 per sq. ft. per
month).
Total Base Rent: $16,609.34 per month to Sept. 30, 2000.
Phase II Occupancy: At such time as Tenant shall occupy Phase
II (8,306 sq. ft.) for business operations, but not later than
October 1, 2000, Tenant shall pay a Base Rent as follows:
Phase I Rent: $16,050 per month + adjustment per
Section 4.3.
Phase II Rent: $8,887.42 per month ($1.07 per sq. ft. x
8,306 sq. ft.)
+ adjustment per Section 4.3 as applied
to the Phase I Rent.
Over Std. Parking: $1,504.00 per month (Additional 47
spaces for 7/1,000 parking at $32 per
month per space).
Total Base Rent: $26,441.42 per month from Oct. 1, 2000.
Should Tenant choose not to utilize Landlord's Tenant
Improvement Allowance of $207,650 for Phase II (see
Exhibit B-2), the Phase II Rent shall be $5,731.14 per
month ($0.69 per sq. ft.) and the Total Base Rent from
Oct. 1, 2000, shall be $23,844.14 per month.
Change To:
Phase I Occupancy: From the Commencement Date through October 1,
2000, Tenant shall occupy Phase I (15,000 sq. ft.) and the Base Rent
shall be as follows:
Base Rent: $16,050 per month ($1.07 per sq. ft. x
15,000 sq. ft.)
Over Std. Parking: $559.34 per month (parking at 5/1,000 on
23,306 sq. ft. @ $.024 per sq. ft. per
month).
Loading Dock $1,156.10 per month
Improvements:
Total Base Rent: $17,765.44 per month to Sept. 30, 2000.
Phase II Occupancy: At such time as Tenant shall occupy Phase
II (8,306 sq. ft.) for business operations, but not later than
October 1, 2000, Tenant shall pay a Base Rent as follows:
Phase I Rent: $16,050 per month + adjustment per
Section 4.3.
Phase II Rent: $8,887.42 per month ($1.07 per sq. ft.
x 8,306 sq. ft.)
+ adjustment per Section 4.3 as applied
to the Phase I Rent.
Over Std. $1,504.00 per month (Additional 47
Parking: spaces for 7/1,000 parking at $32 per
month per space).
Loading Dock $1,156.10 per month
Improvements:
Total Base $27,597.52 per month from Oct. 1, 2000.
Rent:
Should Tenant choose not to utilize Landlord's Tenant
Improvement Allowance of $207,650 for Phase II (see Exhibit
B-2), the Phase II Rent shall be $5,731.14 per month ($0.69
per sq. ft.) and the Total Base Rent from Oct. 1, 2000, shall
be $25,00024 per month.
2. Section: 1.1, Page 1, Premises Address
Add: 0000 Xxxxxxx Xxxx
Xxx Xxxxx, XX 00000
Comment: The Premises address was not assigned in the original
Lease.
IN WITNESS WHEREOF, Landlord and Tenant have executed this Agreement as of
the date first above written.
LANDLORD: TENANT:
XXXXXX & XXXX CO., Nextel WIP Lease Corp.
A Nevada Limited Liability Company
BY: /s/ Xxxxxx X. Xxxxxx BY: /s/ Xxxx X. Xxxxxx
------------------------ ----------------------
Xxxxxx X. Xxxxxx
Its: Managing Partner Its: CFO
LOADING DOCK SITE EXHIBIT
[GRAPHIC OMITTED]
LOADING DOCK COST EXHIBIT
Building 42 Tenant Costs
Tenant
---------- -----------------
Tenant
Truck Dock Design Total
----------------------------------------------------------------------------------------------
Site Costs
1. Additional site improvements truck
circulation (17,352 SF @ $2.53) 43,900 43,900
2. Add truck dock per Delta 2 design 22,666 22,656
---------------------------
Total Site Costs 66,556 66,566
---------------------------
Shell Costs
1. Additional concrete reinforcing for deeper panels and
different size panels at the dock area. 1,163 1,163
2. Additional concrete supervision for concrete changes. 1,550 1,550
3. Additional footings per Delta 2 design. 1,988 1,988
4. Additional concrete for panels in Delta 2 design. 3,765 3,765
5. Waste slab construction for additional panel construction -
cost split evenly between owner and tenant. 11,363 11,363
6. Above standard door jam channel. 300 300
---------------------------
Total Shell Costs 19,829 300 20,129
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Permits & Fees --
---------------------------
Subtotal 86,385 300 86,685
---------------------------
Insurance 734 3 737
Overhead & Profit 4,792 17 4,808
Supervisory GC's 5,515 19 5,534
---------------------------
Total Hard Costs 97,425 338 97,763
---------------------------
Soft Costs
Architecture 590 5,289 5,879
Engineering 2,000 2,000
---------------------------
Total Soft Costs 2,590 5,289 7,879
---------------------------
Total Costs 100,015 5,627 105,643
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