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Record #: O2021-4067   
Type: Ordinance Status: Passed
Intro date: 9/14/2021 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 10/27/2021
Title: Lease agreement with Chicago Board of Education for construction, maintenance and use of portion of vacant property at 4606 W Marquette Rd as additional parking for Mariano Azuela Elementary School, 4707 W Marquette Rd
Sponsors: Lightfoot, Lori E.
Topic: AGREEMENTS - Lease
Attachments: 1. O2021-4067.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR

September 14, 2021










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Commissioner of Asset s, Information and Services, I transmit herewith an ordinance authorizing the execution of a lease agreement with the Chicago Board of Education.

Your favorable consideration of this ordinance will be appreciated.


Very truly yours,

ORDINANCE


BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:


SECTION 1: On behalf of the City of Chicago as Landlord, the Commissioners of the Department of Assets, Information & Services and the Department of Transportation are authorized to execute a Lease Agreement with the Board of Education of the City of Chicago, as Tenant, for use of the vacant property located at 4606 West Marquette Road for parking; such Lease to be approved as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 20377
THIS AGREEMENT WILL BE POSTED ON THE CPS WEBSITE

LEASE

THIS LEASE (the "Lease") is made and entered into this day of ,
2021 (the "Effective Date") by and between, the CITY OF CHICAGO, an Illinois municipal corporation and home rule unit of government (herein referred to as "City" or "Landlord"), and THE BOARD OF EDUCATION OF THE CITY OF CHICAGO, a body politic and corporate (hereinafter referred to as "Board" or "Tenant").

RECITALS

WHEREAS, Landlord is the owner of a 70-foot wide corridor of property adjacent to a railroad right-of-way, stretching a distance of roughly four blocks from approximately 4607 West 63rd street to approximately 4606 West Marquette Road in the City of Chicago, Cook County, Illinois as legally described and depicted in Exhibit A attached hereto (the "Property"); and

WHEREAS, the Tenant operates the Mariano Azuela Elementary School ("Azuela School"), located at 4707 W Marquette Road, Chicago, Cook County, Illinois; and

WHEREAS, the Property is prese...

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