OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUF.I,
MAYOR
January 17, 2018
TO I1II-: HONORABLE. THE CITY COUNCIL OF 11 IE 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 the Chicago Transit Authority.
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: On behalf of the City of Chicago as Landlord, the Commissioner of the Department of Fleet and Facility Management is authorized to execute a new City as Landlord Lease Agreement with the Chicago Transit Authority, as Tenant, for use of a City-owned revenue parking lot located at 1130 West Lawrence Avenue; such Lease to be approved as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 20347
LEASE
THIS LEASE is made and entered into this day of , 201_, by
and between the CITY OF CHICAGO, an Illinois municipal corporation and home rule unit of government (hereinafter referred to as "Landlord") and the CHICAGO TRANSIT AUTHORITY, an Illinois municipal corporation (hereinafter referred to as "Tenant").
RECITALS
WHEREAS, Landlord is the owner of the 31,002.8 square foot paved parking lot located at 1130 West Lawrence Avenue, Chicago, Cook County, Illinois; and
WHEREAS, Landlord has agreed to lease to Tenant, and Tenant has agreed to lease from Landlord such Premises, as hereinafter denned, to be used by Tenant for construction staging during the reconstruction of the Lawrence Avenue Red Line Station.
NOW THEREFORE, in consideration of the covenants, terms and conditions set forth herein, the parties hereto agree and covenant as follows:
SECTION 1. GRANT
Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the following described premises situated in the City of Chicago, Co...
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