Record #: O2014-87   
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 Theaster Gates Group LLC for access to vacant city-owned property and use of open space at 265 E Garfield Blvd
Sponsors: Emanuel, Rahm, Dowell, Pat
Topic: AGREEMENTS - Lease
Attachments: 1. O2014-87.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, together with Alderman Dowell, an ordinance authorizing the execution of a lease agreement with Theaster Gates Group, LLC.

Your favorable consideration of this ordinance will be appreciated.

Mayor

Very truly yours,

ORDINANCE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

SECTION 1: The Commissioner of the Department of Fleet and Facility Management and the Commissioner of the Department of Planning and Development are authorized to execute on behalf of the City of Chicago, as Landlord, a Lease with Theaster Gates Group, LLC, as Tenant, for Theaster Gates Group, LLC's access to vacant City-owned owned property located at 265 East Garfield Boulevard for use as public open space; such Lease to be approved as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 20306

LEASE

THIS LEASE is made and entered into this day of , 2014 (the
"Commencement Date") by and between, the CITY OF CHICAGO, an Illinois Municipal Corporation and Home Rule Unit of Government (the "Landlord" or "City"), and THEASTER GATES GROUP, LLC, an Illinois Limited Liability Company (the "Tenant") (both parties are sometimes collectively referred to as the "Parties").

RECITALS

WHEREAS, Landlord is the owner of the property more commonly known as 265 East Garfield Boulevard, Chicago, Cook County, Illinois; and

WHEREAS, the property located at 265 East Garfield Boulevard is comprised of approximately 5,988 square feet of vacant land and has no present municipal use; and

WHEREAS, Tenant would like to promote community improvement, participation, and involvement in the area; and

WHEREAS, Landlord has agreed to lease to Tenant, and Tenant has agreed to lease from Landlord, approximately 5...

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