Office of the City Clerk - Record #: O2014-4255

• Record #: O2014-4255
• Type: Ordinance
• Status: Passed
• Intro date: 5/28/2014
• Current Controlling Legislative Body: Committee on Housing and Real Estate
• Final action: 6/25/2014
• Title: Lease agreement with LFL Properties, Inc. for use of property at 4300 W North Ave by Chicago Public Library
• Sponsors: Emanuel, Rahm
• Topic: AGREEMENTS - Lease

Date	Journal Page Number	Action By	Action	Result
6/25/2014	83647	City Council	Passed	Pass
6/18/2014		Committee on Housing and Real Estate	Recommended to Pass	Pass
5/28/2014	80858	City Council	Referred

OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
May 28, 2014









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 ordinances authorizing the execution of access, license and 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 LFL Properties, Inc. governing the City's use of property located at 4300 West North Avenue by the Chicago Public Library; such Lease to be approved by the Commissioner of the Chicago Public Library and approved as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 19041

LEASE

THIS LEASE is made and entered into this day of , 2014
(the "Commencement Date"), by and between LFL PROPERTIES, INC, an Illinois Corporation (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 4300 West North Avenue, Chicago, Cook County, Illinois; and

WHEREAS, Landlord has agreed to lease to Tenant, and Tenant has agreed to lease from Landlord, approximately 6,243 square feet space located at 4300 West North Avenue to be used as the North-Pulaski branch of the Chicago Public Library.

NOW THEREFORE, in consideration of the covenants, terms, and conditions set forth herein, the parties hereto agree and covenant as follows:

SECTION 1. GRANT

1.1 Grant. Landlord hereby leases to Tenant the following described premises situated in the City of Chicago, County of Cook, State of Illinois, to wit:

Approximately 6,...