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Record #: O2019-1538   
Type: Ordinance Status: Passed
Intro date: 3/13/2019 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 4/10/2019
Title: Lease agreement with After School Matters for use of property at 62-66 E Randolph St
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Lease
Attachments: 1. O2019-1538.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
March 13, 2019










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 Landlord, the Commissioner of the Department of Fleet and Facility Management is authorized to execute a Lease with After School Matters ("ASM"), as tenant, for use of property located at 62-66 East Randolph Street, to be used for after school programming to children of Chicago and administrative, business or other uses incidental thereto in furtherance of ASM's 501(c)(3) mission; such Lease to be approved by the Commissioner of the Department of Fleet and Facility Management, and as to form and legality by the Corporation Counsel in substantially the following form:
LEASE

THIS LEASE is made and entered into this day of , 2019 (the
"Effective Date"), by and between the City of Chicago, an Illinois municipal corporation and home rule unit of government ("City") and After School Matters, an Illinois not-for-profit corporation ("ASM").

RECITALS

WHEREAS, the City owns the real property located at 62-66 East Randolph Street in downtown Chicago, as legally described on Exhibit A attached hereto (the "Land"); and

WHEREAS, the Land is improved with two buildings: a 3-story building comprised of
approximately square feet at 62 E. Randolph and a 5-story building comprised of
approximately square feet at 66 E. Randolph (collectively, the "Building(s)," and together
with the Land, the "Premises"); and

WHEREAS, ASM, a 501 (c)(3) not-for-profit, seeks to provide Chicago public high school teens opportunities to explore and develop their talents, while gaini...

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