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Record #: O2015-6208   
Type: Ordinance Status: Passed
Intro date: 7/29/2015 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 9/24/2015
Title: Lease agreement with Board of Education of City of Chicago for use of two parcels at 620-624 West 35th St for parking lot
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Lease
Attachments: 1. O2015-6208.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
July 29, 2015










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 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 as Landlord, the Commissioner of the Department of Fleet and Facility Management is authorized to execute a Lease with The Board of Education of the City of Chicago, as tenant, for use of 2 parcels, located at 620-624 West 35th Street, to be used as a parking lot; such Lease to be approved as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 20324

LEASE
THIS LEASE (the "Lease") is made and entered into this day of , 2015
by and between, the CITY OF CHICAGO, an Illinois municipal corporation and home rule unit of government (herein referred to as "City" or "Landlord"), and THE BOARD OF EDUCATION OF THE CITY OF CHICAGO, corporation body politic and corporate (hereinafter referred to as "Tenant").
RECITALS
WHEREAS, Landlord is the owner of the parking lot located at 620-624 West 35th Street, Chicago, Cook County, Illinois as legally described on Exhibit A attached hereto (the "Premises"); and
WHEREAS, the Premises were formerly used as a parking lot for the Police Station District 9 located across the street at 3501 South Lowe and the parking lot is presently vacant and does not have a present municipal use; and
WHEREAS, the Tenant operates the administrative building known as the former TAMS Building ("Teachers' Academy of Math and Science"), recently renamed to the CPS Bridgeport Office located at 501 West 35th Street, Chicago, Cook County, Illinois: and
WHEREAS, the Tenant does not have sufficient parking at...

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