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Record #: SO2021-791   
Type: Ordinance Status: Passed
Intro date: 2/24/2021 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 3/24/2021
Title: Second amendment to ground lease agreement with Music and Dance Theater Chicago, Inc., d.b.a. Harris Theater for Music and Dance, formerly Music and Dance Theater Chicago for use rights at Pritzker Stage and associated properties at Millennium Park and certain venues at Chicago Cultural Center
Sponsors: Lightfoot, Lori E.
Topic: AGREEMENTS - Lease
Attachments: 1. SO2021-791.pdf, 2. O2021-791.pdf
SUBSTITUTE ORDINANCE

WHEREAS, the City of Chicago (the "City"), as landlord, and Music and Dance Theater Chicago, Inc., doing business as Harris Theater for Music and Dance (formerly known as Chicago Music and Dance Theater, doing business as Music and Dance Theater Chicago), an Illinois not-for-profit corporation (the "Theater"), as tenant, executed that certain Ground Lease dated as of February 1, 2002 (the "Original Lease") for the Theater's Harris Theater in the City's Millennium Park; and
WHEREAS, on April 13, 2011, the City and the Theater executed that certain First Amendment to Ground Lease (the "First Amendment") (the Original Lease as amended by the First Amendment shall be known herein as the "Lease"); and

WHEREAS, the City and the Theater now desire to amend the Lease further regarding, among other things, expenses and uses pursuant to a proposed second amendment in substantially the form attached hereto as an exhibit (the "Second Amendment," to which a copy of the Lease is itself attached as an exhibit); now, therefore,

BE IT ORDAINED BY THE CITY OF CHICAGO:
SECTION 1. The above recitals are expressly incorporated in and made a part of this ordinance as though fully set forth herein.

SECTION 2. The Second Amendment shall contain such revisions in text as the Commissioner of the Department of Cultural Affairs and Special Events or his designee (the "Commissioner") executing the same shall determine are necessary or desirable, the execution thereof, and any amendment thereto, by the Commissioner to evidence the City Council's approval of all such revisions. The Commissioner is hereby authorized to execute the Second Amendment on behalf of the City and to take such actions and do such things as shall be necessary to perform, carry out, give effect to and consummate the transactions contemplated by this ordinance, including, but not limited to, the exercise of any power or authority delegated to such official of the City under this ordinance with respec...

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