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Record #: O2017-6382   
Type: Ordinance Status: Passed
Intro date: 9/6/2017 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 10/11/2017
Title: Lease agreement with Exodus Drum and Bugle Corps., The for use of property at 816 N Laramie Ave for community center
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Lease
Attachments: 1. O2017-6382.pdf
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 Exodus Drum & Bugle Corps, as Tenant, for use of the property located at 816 North Laramie Avenue as a community center; such Lease to be approved as to form and legality by the Corporation Counsel in substantially the following form:
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL MAYOR
September 6, 2017










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 an ordinance authorizing the execution of a lease agreement with Exodus Drum and Bugle Corps.

Your favorable consideration of this ordinance will be appreciated.
/'

Mayor
Very truly yours,
LEASE NO. 20346

LEASE

THIS LEASE (the "Lease") is made and entered into this day of
, 2017 (the "Commencement Date") by and between, the CITY OF
CHICAGO, an Illinois municipal corporation and home rule unit of government, acting by and through its Department of Fleet and Facility Management, and having its principal offices at 121 N. LaSalle Street, Chicago, IL 60602, (herein referred to as "City" or "Landlord"), and THE EXODUS DRUM & BUGLE CORPS, an Illinois not-for-profit corporation, having its principal office at 3350 West Jackson Street, Chicago, IL 60624 (hereinafter referred to as "Tenant").

RECITALS

WHEREAS, Landlord is the owner of the real property located at 816 North Laramie Avenue (PIN # 16-04-331-030-0000), Chicago, Illinois, 60651, consisting of a 6,286.5 square foot lot improved with a 4,800 square foot two-story building that formerly served as a City of Chicago fire station ( the "Premises"); and

WHEREAS, the Premises was previously leased to a non-profit organization for use as a community center and the non-profit organization...

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