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Record #: O2017-5572   
Type: Ordinance Status: Passed
Intro date: 7/26/2017 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 9/6/2017
Title: Lease agreement with JM Plaza LLC for use of building space at 2006-2014 E 95th St by Department of Finance as payment center and by Department of Administrative Hearings as satellite hearing facility
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Lease
Attachments: 1. O2017-5572.pdf



OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
July 26, 2017










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


Ladies and Gentlemen:

At the request of the Commissioner of Fleet and Facility Management, I transmit herewith ordinances authorizing the execution of lease agreements.

Your favorable consideration of these ordinances will be appreciated.

Mayor

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 Tenant, the Commissioner of the Department of Fleet and Facility Management is authorized to execute a Lease with JM Plaza, LLC, as Landlord, for use of approximately 6,954 square feet of building space located at 2006 - 2014 East 95th Street by the Department of Finance as a payment center and by the Department of Administrative Hearings as a satellite hearing facility; such Lease to be approved by the City Comptroller and the Director of the Department of Administrative Hearings, and approved as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 14156

LEASE

THIS LEASE AGREEMENT (the "Lease") is made and entered into this
day of 2017 (the "Commencement Date"), by and between JM PLAZA,
LLC, an Illinois limited liability company (hereinafter referred to as "Landlord"), having its principal office located at 250 North Robertson Boulevard, Suite 511, Beverly Hills. California 90211, and the CITY OF CHICAGO, an Illinois municipal corporation and home rule unit of government, having its principal offices at 121 North LaSalle Street, Chicago, Illinois 60602 (hereinafter referred to as "Tenant").

RECITALS

WHEREAS, Landlord is the owner of the real property more commonly known as 2000-2028 East 95th Street, Chicago, Cook County, Illinois, which is improved with a single-story multi-tenant building and surface parking lot ("Retail Center'); and

WHEREAS, Tenant currently occupies 2006-14 East 95th Street, co...

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