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Record #: O2013-5525   
Type: Ordinance Status: Passed
Intro date: 7/24/2013 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 9/11/2013
Title: Lease agreement with North Park University for use of property at 5151 N Kimball Ave by Chicago Public Library
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Lease
Attachments: 1. O2013-5525.pdf
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 North Park University governing the City's use of property located at 5151 North Kimball 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. 19054

LEASE

THIS LEASE is made as of , 2013 (the "Commencement
Date"), by and between the CITY OF CHICAGO, an Illinois municipal corporation and home rule unit of government (the "Tenant" or "City"), and NORTH PARK UNIVERSITY, an Illinois 501 (c)(3) not-for-profit corporation (the "Landlord") (both parties are collectively referred to herein as the "Parties").

RECITALS

WHEREAS, Landlord owns a parking lot located at 5151 North Kimball Avenue (part of PINs 13-11-404-009; -010; and -011) in Chicago, Cook County, Illinois; and

WHEREAS, Landlord operates a university adjacent to the 5151 North Kimball Avenue parking lot; and

WHEREAS, Tenant is constructing the new Albany Park Branch of the Chicago Public Library located at 5150 North Kimball Avenue; and

WHEREAS, the construction of the new Albany Park Branch of the Chicago Public Library at 5150 North Kimball Avenue has a projected completion date of late 2014; and

WHEREAS, Tenant desires to maintain a library presence in the immediate area; and

WHEREAS, Tenant has requested access to approximately 1,360 square feet of space on Landlord's 5151 North Kimball Avenue property to operate a Book Mobile on such portion of the 5151 North Kimball Avenue property as delineated in Exhibit A attached hereto and made a part hereof (the "Premises"); and

WHEREAS, Landlord has agreed to grant the Tenant access to the Premises solely to allow Tenant to operate a Book Mobile from the Premises (the "U...

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