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Record #: O2019-4143   
Type: Ordinance Status: Passed
Intro date: 6/12/2019 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 7/24/2019
Title: Lease agreement with Young Professionals of North Lawndale for use of City-owned property at 1544-1558 S Lawndale Ave as landscaped recreation area
Sponsors: Lightfoot, Lori E.
Topic: AGREEMENTS - Lease
Attachments: 1. O2019-4143.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR

June 12,2019










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.


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 Young Professionals of North Lawndale, as Tenant, for use of the property located at 1544-58 South Lawndale Avenue as a landscaped recreation area; such Lease to be approved by the Commissioner of the Department of Planning and Development, and as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 20352

LEASE

THIS LEASE (the "Lease") is made and entered into this day of
, 2019 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 YOUNG PROFESSIONALS OF NORTH LAWNDALE, an Illinois not-for-profit corporation, having its principal office at 3726 West 16th Street, Chicago, Illinois (hereinafter referred to as "Tenant").


WHEREAS, Landlord is the owner of the real property located at 1544-58 South Lawndale Avenue, Chicago, Illinois, 60623, consisting of 18,750 square feet of vacant land (PINs 16-23-127-035 through -038, the "Premises"): and

WHEREAS, Landlord, prior to the commencement of this Lease, will improve the Premises with landscaping and permeable surfaces as a way to detain storm water to help divert rainfall awa...

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