Share to Facebook Share to Twitter Bookmark and Share
Record #: O2017-950   
Type: Ordinance Status: Passed
Intro date: 2/22/2017 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 3/29/2017
Title: Renewal of lease agreement with Commuter Rail Division of Regional Transportation Authority for use of vacant land at 3800 W Wabansia Ave by Department of Water Management
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Lease
Attachments: 1. O2017-950.pdf
ORDINANCE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

SECTION 1: On behalf of the City of Chicago as Tenant, the Commissioner of the Department of Fleet and Facility Management is authorized to execute a Lease renewal with Commuter Rail Division of the Regional Transportation Authority, as Landlord, for use of approximately 11,230 square feet of vacant land, located at 3800 West Wabansia Avenue, by the Department of Water Management; such Lease renewal to be approved by the Commissioner of the Department of Water Management, and approved as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 14020

AGREEMENT TO EXTEND TERM OF LEASE
THIS AGREEMENT ("Agreement") is made and entered into this day of
, 201 (the "Effective Date") by and between the COMMUTER RAIL DIVISION
OF THE REGIONAL TRANSPORTATION AUTHORITY, a division of an Illinois municipal corporation having an office at 547 West Jackson Boulevard, Chicago, Illinois 60661 ("Metra" or "Landlord") and THE CITY OF CHICAGO, an Illinois municipal corporation and home rule unit of government having its principal offices at 121 North LaSalle Street, Chicago, Illinois 60602. ("City" or "Tenant").

RECITALS
WHEREAS, Landlord, or its predecessors, and Tenant entered into that certain indenture of Lease bearing No. 52920 (the "Lease") on October 22, 1942, whereby Landlord leased to Tenant approximately 11,230 square feet of real property located at Wabansia Avenue and Hamlin Avenue, with a common address of 3800 West Wabansia Avenue, Chicago, Cook County, Illinois, as legally described on Exhibit A attached hereto and incorporated herein (the "Premises"); and
WHEREAS, the Premises is adjacent to the City's Springfield Pumping Station and is utilized as a material yard; and
WHEREAS, the term of the Lease was set to expire on December 31, 1947, and was extended for additional periods to permit continuous use of the Premises by Tenant; and
WHEREAS, the last agreemen...

Click here for full text