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Record #: O2017-954   
Type: Ordinance Status: Passed
Intro date: 2/22/2017 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 3/29/2017
Title: Lease agreement with Farmer's Best Northlake Building LLC for use of building space at 4445 N Pulaski Rd 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. O2017-954.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
February 22,2017










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


Ladies and Gentlemen:

At the request ofthe 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 Farmer's Best Northlake Building, LLC, as Landlord, for use of approximately 6,965 square feet of building space located at 4445 North Pulaski Road, units S-T-U-W, 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. 14231


LEASE

THIS LEASE is made and entered as of the day of 2017, by and
between FARMER'S BEST NORTHLAKE BUILDING, LLC, an Illinois limited liability company ("Landlord"), and the CITY OF CHICAGO, an Illinois municipal corporation and home rule unit of local government (hereinafter referred to as "Tenant" or "City"). The Landlord and the Tenant together shall be referred to from time to time as the "Parties" and individually as a "Party".

RECITALS

WHEREAS, Landlord is the owner of the real property more commonly known as 4415-51 North Pulaski Road, Chicago, Cook County, Illinois (PINs 13-14-121-007 / -008 / -010 / -013 / -015 / -030 "Albany Square") which is improved with a strip mall containing approximately 30,338 square feet of commercial space and approximately 60 on-site parking spaces; and

WHEREAS, Landlord has agr...

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