OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
July 6,2011
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the Commissioner of General Services, I transmit herewith ordinances authorizing the execution of lease agreements.
Your favorable consideration of these ordinances will be appreciated.
Mayor
Very truly yours,
ORDINANCE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1: The Commissioner of the Department of General Services is authorized to execute on behalf of the City of Chicago, as Landlord, a Lease with M3 Land Investments, LLC, as Tenant, for M3 Land Investments, LLC's use of approximately 5,000 square feet of vacant City-owned property located at 1136 South Wabash Avenue for temporary use as construction staging; such Lease to be approved as to form and legality by the Corporation Counsel in substantially the following form:
1136 South Wabash Avenue M3 Land Investments, LLC Lease No. 20230
SECTION 2: This Ordinance shall be effective from and after the date of its passage
and approval.
LEASE NO. 20230
LEASE
THIS LEASE is made and entered into.this day of , 2011,
by and between, THE CITY OF CHICAGO, a municipal corporation and home rule unit of government (herein referred to as "Landlord") and M3 LAND INVESTMENTS, LLC, an Illinois limited liability company (hereinafter referred to as "Tenant").
RECITALS
WHEREAS, Landlord is the owner of the premises more commonly known as 1136 South Wabash Avenue, Chicago, Cook County, Illinois; and
WHEREAS, Tenant is the owner of the premises more commonly known as 1146 South Wabash Avenue, Chicago, Cook County, Illinois; and
WHEREAS, Tenant is undertaking a rehabilitation of the 1146 South Wabash Avenue property, has no available space from which to stage this construction; and
WHEREAS, the property located at 1136 South Wabash Avenue has no present municipal use for Landlord; and
NOW THEREFORE, in consideratio...
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