ORDINANCE
WHEREAS, the City of Chicago (the "City") is a home rule unit of government by virtue ofthe provisions of the Constitution of the State of Illinois of 1970, and as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the City, through its Department of Assets, Information and Services ("DAIS"), and Department of Family and Support Services ("DFSS"), entered into a Group Room Block Sales Agreement dated February 24, 2021, and attached hereto as Exhibit A (the "Hotel Lease") with OQ 168 NM Propco LLC, a Delaware limited liability company (the "Hotel Owner"), pursuant to which the City rented all rooms in the Hotel Julian, which is located at 168 Michigan Avenue (the "Hotel"), for the purpose of providing accommodations for residents of congregate living situations in order to prevent the spread of COVID-19; and
WHEREAS, the initial term ofthe Hotel Lease expired on June 30, 2021 ("Rental Period"), but the Hotel Lease gave the City two (2) options to extend the Rental Period for 30 days each, upon the same terms and conditions applicable to the initial Rental Period, except the City was permitted to decrease the number of reserved rooms; and
WHEREAS, the City exercised both options to extend; and
WHEREAS, the last extension period expired on August 29, 2021, and the City and the Hotel Owner entered into a First Amendment to Group Room Block Sales Agreement attached hereto as Exhibit B ("First Amendment''), to extend the Rental Period to September 30, 2021; and
WHEREAS, like the original Hotel Lease, the First Amendment gives the City two additional extension options of 30 days each (ending on November 27, 2021); and
WHEREAS, the DAIS Commissioner has the authority to enter into leases and other temporary occupancy agreements for up to 180 days under Section 2-51-050 (12) of the Municipal Code of Chicago; and
WHEREAS, after 180 days, City Council approval is required to extend such temporary occupancy...
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