File #: 24-4995    Version: 1 Name: Board of Education/CCH Parking License Agreement
Type: License Agreement Status: Approved
File created: 8/28/2024 In control: Asset Management Committee
On agenda: 9/19/2024 Final action: 10/24/2024
Title: PROPOSED LICENSE AGREEMENT Department: Department of Real Estate Management Request: Request to Approve License Agreement Licensor: Board of Education of the City of Chicago Licensee: The County of Cook, on behalf of Cook County Health (CCH) Location: 5411 W. Fullerton Avenue, Chicago, Illinois, 60639 Term/Extension Period: 10/1/2024 - 9/30/2025 Space Occupied: Twenty-Five (25) Parking Spaces Monthly Rent: None Fiscal Impact: None Accounts: N/A Option to Renew: Five (5), One (1) Year Renewal Options Termination: Either party may terminate, at will and without cause, upon thirty (30) days written notice Utilities Included: N/A Summary/Notes: Requesting approval to enter into a license agreement between the Board of Education, of the City of Chicago, a body politic and corporate, as (Licensor), and the County of Cook, a body politic and corporate in the State of Illinois, as (Licensee), on behalf of Cook County Health; whereby, the Lice...
Indexes: JAMES ESSEX, Acting Director, Real Estate Management

title

PROPOSED LICENSE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  Request to Approve License Agreement

 

Licensor:  Board of Education of the City of Chicago  

 

Licensee:  The County of Cook, on behalf of Cook County Health (CCH) 

 

Location:  5411 W. Fullerton Avenue, Chicago, Illinois, 60639 

 

Term/Extension Period:  10/1/2024 - 9/30/2025 

 

Space Occupied:  Twenty-Five (25) Parking Spaces 

 

Monthly Rent:  None

 

Fiscal Impact:  None

 

Accounts:  N/A

 

Option to Renew:  Five (5), One (1) Year Renewal Options  

 

Termination:  Either party may terminate, at will and without cause, upon thirty (30) days written notice 

 

Utilities Included:  N/A  

 

Summary/Notes:  Requesting approval to enter into a license agreement between the Board of Education, of the City of Chicago, a body politic and corporate, as  (Licensor), and the County of Cook, a body politic and corporate in the State of Illinois, as (Licensee), on behalf of Cook County Health; whereby, the Licensor has agreed to provide twenty-five (25) parking spaces for use by the Licensee, at the facility, located at 5411 W. Fullerton Avenue. 

 

The Department of Real Estate Management (DREM) is responding to Cook County Health's request, to secure safe, affordable, and convenient parking for its employees. 

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