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Record #: O2015-4737   
Type: Ordinance Status: Passed
Intro date: 6/17/2015 Current Controlling Legislative Body: Committee on Aviation
Final action: 7/29/2015
Title: Approval of sale and transfer of rental car concession/lease agreements and "Off-Airport Agreement" from Simply Wheelz LLC d.b.a. Advantage Rent A Car (RAC) to Catalyst Capital Group, Inc. at O'Hare Intenational Airport
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Lease, - AIRPORTS - O'Hare
Attachments: 1. O2015-4737.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
June 17, 2015










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


Ladies and Gentlemen:

At the request of the Commissioner of Aviation, I transmit herewith an ordinance authorizing an assignment of rental car lease agreements.

Your favorable consideration of this ordinance will be appreciated.

Mayor

Very truly yours,
ORDINANCE
WHEREAS, the City of Chicago (the ''City'1) is a home rule unit of local government as defined in Section 6(a), Article VII ofthe 1970 Constitution ofthe State of Illinois, and, as such, may exercise any power and perform any function pertaining to its government and affairs;

WHEREAS, the City owns and operates, through its Chicago Department of Aviation ("CDA"), an airport commonly known as Chicago O'Hare International Airport (the "Airport") and possesses the power and authority to lease premises and facilities and to grant rights and privileges with respect thereto; and

WHEREAS, Simply Wheelz LLC ("Simply Wheelz") operates the Advantage Rent A Car ("Advantage") brand at the Airport pursuant to the Consolidated Rental Car Facility Lease and License Concession Agreement at Chicago O'Hare International Airport Agreement, by and between the City of Chicago and Simply Wheelz LLC d/b/a Advantage Rent A Car, dated July 26, 2013 (the "Concession Agreement") and the Off-Airport Rental Car Concession License Agreement at Chicago International Airport, by and between the City of Chicago and Simply Wheelz LLC d/b/a Advantage Rent A Car, dated August 1, 2013 (the "Off-Airport Agreement" and together with the Concession Agreement, (the "Agreements"); and

WHEREAS, in November 2013, Simply Wheelz filed for bankruptcy protection under Chapter 11 of Title 11 ofthe United States Bankruptcy Code with the United States Bankruptcy Court for the Southern District of Mississippi (the "United States Bankruptcy Court") and is currently operating Advantage as debtor-in-possession; and

W...

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