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Record #: SO2019-1528   
Type: Ordinance Status: Passed
Intro date: 3/13/2019 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 4/10/2019
Title: Lease agreement with Baron Partnership Corp. for operation of Culver's Restaurant on Joint Public Safety Training Academy campus at 4301 W Chicago Ave
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Lease
Attachments: 1. SO2019-1528.pdf, 2. SO2019-1528 (V1).pdf, 3. O2019-1528.pdf
SUBSTITUTE ORDINANCE

WHEREAS, the City of Chicago (the "City") is a home rule unit of government by virtue of the provisions of the Constitution of the State of Illinois of 1970, and, as such, may exercise any power and perform any function pertaining to its government and affairs; and

WHEREAS, the City, through its Department of Fleet and Facility Management ("DFFM") and its Department of Planning and Development ("DPD"), is in the process of developing a new, state-of-the-art Joint Public Safety Training Academy (the "JPSTA") located at 4301 W. Chicago Avenue, Chicago, Illinois (the "Property") as part of the City's continued efforts to provide the best tools, technology and training for its first responders; and
WHEREAS, a secondary goal of the City's development of the JPSTA is to serve as an anchor for economic development in the community; and
WHEREAS, in furtherance of this secondary goal, the development of the Property includes a retail component; and
WHEREAS, Baron Partnership Corporation ("Tenant"), an Illinois corporation and African-American-owned franchisee of a Culver's Restaurant operates successful franchises elsewhere in the City and was attracted to the JPSTA campus because of the 1,500 first responders that will be in the area each day once the JPSTA is open; and

WHEREAS, DFFM and DPD have determined that it is in the City's best interests to enter into a lease with Tenant to open and operate a Culver's Restaurant at the Property (City as landlord), subject to the terms set forth in the Exhibit A attached hereto (the "Term Sheet"); now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. The recitals set forth above are incorporated herein by reference and made a part hereof.
SECTION 2. The Commissioner of DFFM or any successor department ("DFFM Commissioner"), or a designee ofthe DFFM Commissioner, and the Commissioner of DPD or any successor department ("DPD Commissioner" and together with the DFFM Commissioner, ...

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