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OFFICE OF THE MAYOR
CI TY OF CHICAGO
LORI L. LIGHTFOOT
MAYOR
February 19, 2020
TO THE HONORABLE, THE CITY COUMCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the Commissioner of Assets, Information and Services, 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 Tenant, the Commissioner of the Department of Assets, Information and Services is authorized to execute an Amendment to a Lease Agreement with Vanguard Archives Holdings, Inc., as Landlord, for use of approximately 72,440 square feet of space within the building located at 3920 South Michigan Avenue by the Chicago Police Department; such Lease to be approved by the Superintendent of the Department of Police, and approved as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO. 12048
FIRST AMENDMENT TO LEASE
THIS FIRST AMENDMENT TO LEASE (this "First Amendment") is made and
entered into this day of , 2020, by and between the VANGUARD ARCHIVES
HOLDINGS, INC., an Illinois corporation (hereinafter referred to as "Landlord") and the CITY OF CHICAGO, an Illinois municipal corporation (hereinafter referred to as "Tenant" or "City").
RECITALS
WHEREAS, Landlord and Tenant are parties to that certain Lease No. 12048 dated January 20, 2016 (the "Lease"), to permit Tenant's use of approximately 69,440 square feet of space at 3920 South Michigan Avenue; and
WHEREAS, the Term of the Lease expired on December 31, 2019, and Tenant has been holding over in accordance with the terms of Section 9.1 of the Lease; and 1
WHEREAS, Tenant wishes to expand its Premises by 3,000 square feet and to continue its occupancy of the Premises; and
WHEREAS, Landlord and Tenant desire to modify certain terms and conditions...
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