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This record contains private information, which has been redacted from public viewing.
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
Attachments: 1. O2014-82.pdf
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...

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