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This record contains private information, which has been redacted from public viewing.
Record #: O2020-3951   
Type: Ordinance Status: Passed
Intro date: 7/22/2020 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 9/9/2020
Title: Seventh amendment to lease agreement with Chicago 103rd Street LLC for use of premises and additional space at 900 E 103rd St
Sponsors: Lightfoot, Lori E.
Topic: AGREEMENTS - Lease
Attachments: 1. O2020-3951.pdf




OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT MAYOR

July 22, 2020










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Commissioner of Assets, Information and Services, 1 transmit herewith ordinances authorizing the execution of lease agreements.

Your favorable consideration of these ordinances will be appreciated.

Mayor
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 & Services is authorized to execute a Lease Amendment with Chicago 103rd Street, LLC, as Landlord, for continued use of property located at 900 East 103rd Street; such Lease Agreement to be approved as to form and legality by the Corporation Counsel in substantially the following form:
900 E. 103rd Street Lease No. 10351

SECTION 2. This Ordinance shall be effective from and after the date of its passage and approval.
LEASE NO. 10351

SEVENTH AMENDMENT TO LEASE
THIS SEVENTH AMENDMENT TO LEASE (this "Seventh Amendment") is dated as of the 16th day of July, 2020, dated for reference purposes only, by and between CHICAGO 103RD STREET, LLC, a Delaware limited liability company ("Landlord") and CITY OF CHICAGO, an Illinois municipal corporation and home rule unit of government ("Tenant").

RECITALS
WHEREAS, CJF1 LLC (the "Original Landlord") and Tenant entered into that certain lease dated December 13, 2007 and known as Lease No. 13051 (the "Lease Agreement") for the Premises located at 900 East 103rd Street; and

WHEREAS, the Lease Agreement was amended by that certain Lease Amendment dated January 31, 2008 (the "First Amendment"), that certain Second Lease Amendment dated December 1, 2008 (the "Second Amendment"), that certain Third Lease Amendment dated March 4, 2011 (the "Third Amendment"), that certain Fourth Lease Amendment dated December 12, 2014 (the "Fourth Amendment"), that certain...

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