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Record #: O2022-1989   
Type: Ordinance Status: Passed
Intro date: 6/22/2022 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 7/20/2022
Title: Lease agreement with 2243 LLC for use of "John Burns" unit at southeast corner of 2243 S Throop St by Department of Police
Sponsors: Lightfoot, Lori E.
Topic: AGREEMENTS - Lease
Attachments: 1. O2022-1989.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR

June 22,2022










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


Ladies and Gentlemen:

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

Your favorable consideration of these ordinances will be appreciated.

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 Agreement with 2243 LLC, as Landlord, to permit the use of space within the building located at 2243 South Throop Street by the Department of Police; such agreement to be approved by the Public Safety Administration and as to form and legality by the Corporation Counsel in substantially the following form:
LEASE NO.

LEASE

THIS LEASE (the "Lease") is made and entered into this 31st day of May, 2022 (the "Execution Date"), by and between 2243, LLC, an Illinois limited liability company (hereinafter referred to as "Landlord") and the CITY OF CHICAGO, an Illinois municipal corporation (hereinafter referred to as "Tenant").

RECITALS

WHEREAS, Landlord is the owner of the real property located at 2243 South Throop Street, Chicago, Cook County, Illinois (the "Property"); and

WHEREAS, Landlord is marketing the "John Burns unit" located on the southeast corner of the building located on the Property, containing approximately 13,200 square feet of space, as available for lease; and

WHEREAS, Tenant has determined that the John Burns unit will be suitable for Tenant's and wishes to lease the space from Landlord; and

WHEREAS, Landlord has agreed to lease to Tenant, and Tenant has agreed to lease from Landlord, the Premises (as hereinafter defined), upon the terms and conditions set forth herein.

NOW THEREFORE, in consideration of the covenants...

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