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Record #: O2021-415   
Type: Ordinance Status: Passed
Intro date: 1/27/2021 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 2/26/2021
Title: Renewal and amendment of lease agreement with L.F.L. Properties, Inc. for use of space at 4300 W North Ave for Chicago Public Library North-Pulaski branch
Sponsors: Lightfoot, Lori E.
Topic: AGREEMENTS - Lease
Attachments: 1. O2021-415.pdf


OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR


January 27, 2021










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


Ladies and Gentlemen:

At the request ofthe Commissioner of Assets, Information and Services, I transmit herewith an ordinance authorizing the execution of a renewal lease agreement for the North-Pulaski Branch ofthe Chicago Public Library.

Your favorable consideration oflhis ordinance will be appreciated.


Very truly yours.

ayor
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 Assets, Information & Services is authorized to execute a Lease Amendment with L.F.L. Properties, Inc., an Illinois Corporation, as Landlord, forthe continued use by City of space located at 4300 West North Avenue for the North-Pulaski branch of the Chicago Public Library; such Lease Amendment to be approved by the Commissioner of the Chicago Public Library, and as to form and legality by the Corporation Counsel, in substantially the following form:
LEASE NO. 19041

FIRST AMENDMENT TO LEASE
THIS FIRST AMENDMENT TO LEASE (this "First Amendment") is made and
entered into this day of , 2021, by and between L.F.L. PROPERTIES, INC.,
an Illinois corporation ("Landlord") and the CITY OF CHICAGO, an Illinois municipal corporation and home rule unit of government ("Tenant").

RECITALS
WHEREAS, Landlord and Tenant are parties to that certain Lease No. 19041 dated July 31, 2014 (the "Lease"), to permit Tenant to use approximately 6,423 square feet of space located at 4300 West North Avenue for use as the North-Pulaski Branch of the Chicago Public Library; and
WHEREAS, the Term of the Lease expired on December 31, 2020, Tenant has been holding over in accordance with the terms of Section 9.1 of the Lease, and Tenant wishes to continue its occupancy of the Premises; and
WHEREAS, the Lease and this First Amendment shall be collectively ...

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