City of Casa Grande Contract Public Improvement Code Text Amendments Sept 2025

Contract Amount

Approximately $568,775 over 25 years; $1,000 initial due diligence payment plus $1,000 for each one-year due diligence extension; initial monthly rent $1,550 with 10% increases at each five-year extension

Vendor

ANTHEMNET INC

Agency

City of Casa Grande, AZ

Contract Type

FACILITIES

Document Date

September 4, 2025

Contract Term

One-year due diligence period with two optional one-year due diligence extensions; initial lease term 5 years with four possible 5-year extensions (potential total 25 years)

Renewal Info

Lease includes two optional one-year extensions of the due diligence period by mutual agreement and four optional five-year lease extensions after the initial term. Rent increases 10% at the beginning of each five-year extension period.