title
PROPOSED PREVIOUSLY APPROVED ITEM AMENDMENT
Department: Department of Real Estate Management
Request: Approve an increase to Monthly Utility Allowance for Commissioner Robert Steele’s 2nd District field office located at 3936 West Roosevelt, Suite 100, Chicago, Illinois
Item Number: 15-1024 (approved 1/21/2015)
Fiscal Impact: $2,000.00 increase over previously approved amount
Account(s): 082-429 Utilities
Original Text of Item:
PROPOSED LEASE AMENDMENT
Department: Real Estate Management
Request: Approval of a Second Amendment to Lease
Landlord: J.D.S. Developers, LLC
Tenant: County of Cook
Location: 3936 West Roosevelt, Suite 100, Chicago, Illinois
Term/Extension Period: 12/1/2014 - 11/30/2018
Space Occupied: 1,700 Square feet
Monthly Rent: $1,505.00 / Annual $18,060.00
Fiscal Impact: Approval of this item would commit Fiscal Year 2015, 2016, 2017 and 2018 funds
Accounts: (082-660 Account)
Option to Renew: N/A
Termination: By Tenant with sixty days prior written notice
Utilities Included: No, Utility allowance paid to Landlord / $260.00 monthly through 3/31/2017. Effective 4/1/2017-11/30/2018, Monthly Utility Allowance will be $360.00. (082-429 Account)
Summary: This Second Amendment to Lease extends the term at 3936 West Roosevelt, Chicago, Illinois, for the use of Commissioner Robert Steele’s 2nd District field office.
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