Office of the City Clerk - Record #: O2014-82

• Record #: O2014-82
• Type: Ordinance
• Status: Passed
• Intro date: 1/15/2014
• Current Controlling Legislative Body: Committee on Housing and Real Estate
• Final action: 2/5/2014
• Title: Lease agreement with Spaulding TMG LLC for use of space at 3500 N Spaulding Ave by Department of Streets and Sanitation
• Sponsors: Emanuel, Rahm
• Topic: AGREEMENTS - Lease

Date	Journal Page Number	Action By	Action	Result
2/5/2014	74184	City Council	Passed	Pass
1/28/2014		Committee on Housing and Real Estate	Recommended to Pass	Pass
1/15/2014	72302	City Council	Referred

OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR


January 15, 2014










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, the Commissioner of the Department of Fleet and Facility Management is authorized to execute a Lease with Spaulding TMG, LLC, governing the City's use of property located at 3500 North Spaulding Avenue by the Department of Streets and Sanitation; such Lease to be approved by the Commissioner of the Department of Streets and Sanitation and approved as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 13063

LEASE

THIS LEASE is made and entered into this day of , 2014
(the "Effective Date"), by and between SPAULDING TMG, LLC, an Illinois limited liability company (the "Landlord") and the CITY OF CHICAGO, an Illinois municipal corporation and home rule unit of government (the "Tenant").

RECITALS

WHEREAS, Landlord is the owner of the premises more commonly known as 3500 North Spaulding Avenue, Chicago, Cook County, Illinois; and

WHEREAS, Landlord has agreed to lease to Tenant, and Tenant has agreed to lease from Landlord for use by Tenant's Department of Streets and Sanitation, approximately 131,084 square feet of vacant land (the "Premises") as depicted on the survey attached hereto and made a part hereof as Exhibit A.

WHEREAS, Landlord has the right (the "Parcel A Exclusion Right") for any period of time during the term of the Lease, on a temporary or permanent basis, to exclude Parcel "A" from the Premises consisting of approximately 10,000 square feet as depicted on Exhibit A ("Parcel A") from the P...