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Record #: O2015-2672   
Type: Ordinance Status: Passed
Intro date: 4/15/2015 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 5/6/2015
Title: Renewal of lease agreement with John Rentas for use of building space at 4400 W Lawrence Ave for Mayfair Branch Library
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Lease
Attachments: 1. O2015-2672.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL MAYOR

April 15,2015









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 an ordinance authorizing the execution of a lease renewal agreement.

Your favorable consideration of this ordinance 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 John Rentas as Landlord for use of approximately 7,605 square feet of building space located at 4400 West Lawrence by the Chicago Public Library as the Mayfair Branch Library; such Lease to be approved by the Commissioner of the Chicago Public Library, the President of the Chicago Public Library Board of Directors, and approved as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 19040

LEASE

THIS LEASE is made and entered into this day of , 2015
(the "Commencement Date"), by and between JOHN N. RENTAS (hereinafter referred to as "Landlord") and the CITY OF CHICAGO, an Illinois Municipal Corporation and Home Rule Unit of Government (hereinafter referred to as "Tenant").


RECITALS

WHEREAS, Landlord is the owner of the real property more commonly known as 4400 West Lawrence Avenue, Chicago, Cook County, Illinois; and

WHEREAS, Tenant has occupied the above referenced property for the Mayfair Branch Library since 1995 and Tenant's most recent lease for this property expired in April 2014; and

WHEREAS, Landlord has agreed to lease to Tenant, and Tenant has agreed to lease from Landlord, approximately 7,605 square feet of ground floor space located at 4400 West Lawrence Avenue to be used as the Mayfair Branch of the Chicago Public Library.

NOW THEREFORE, in consideration ofthe covena...

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