Record #: SO2020-4591   
Type: Ordinance Status: Passed
Intro date: 9/9/2020 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 11/16/2020
Title: License agreement with Chicago Transit Authority for use of City-owned property at 3939-3949 W Maypole Ave, 205-231 N Pulaski Rd, 254-256 N Harding Ave, 3942-3944 W Maypole Ave and 3936-3938 W Maypole Ave
Sponsors: Lightfoot, Lori E.
Topic: AGREEMENTS - License
Attachments: 1. SO2020-4591.pdf, 2. O2020-4591.pdf


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

September 9, 2020










TO THE HONORABLE, Tl IE CITY COUNCIL 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 Landlord, the Commissioner of the Department of Assets, Information & Services is authorized to execute a License Agreement with the Chicago Transit Authority, as Tenant, for use of property located at 3939-3949 West Maypole Avenue and 207-231 North Pulaski Road; such License Agreement to be approved as to form and legality by the Corporation Counsel in substantially the following form:
LICENSE NO. 20370

LICENSE AGREEMENT

THIS LICENSE (the "Agreement") is made and entered into this day
of , 2020, by and between, THE CITY OF CHICAGO, an Illinois municipal
corporation and home rule unit of government (herein referred to as "Licensor" or "City") and the CHICAGO TRANSIT AUTHORITY, an Illinois municipal corporation (hereinafter referred to as "Licensee").

RECITALS

WHEREAS, City is the owner of real property located at 3939-3949 West Maypole Avenue (PINs 16-11-307-004, -005, and -013), 205-231 North Pulaski Road (PINs 16-11-307-001 and -002) 254-256 North Harding (PINs 16-11-305-019 and -020), 3942-3944 West Maypole (PINs 16-11-305-022 and -021), and 3936-3938 West Maypole (PINs 16-11-305-025 and -024), Chicago, Cook County, Illinois (together, the "Premises") as legally described on Exhibit A and depicted on Exhibit B attached hereto; and

WHEREAS, Licensee owns the real estate lying adjacent to and east of the Premises and seeks use of the Premises as a material storage yard to support its operations; and

WHEREAS, Licensor has agreed...

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