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PROPOSED LEASE AGREEMENT
Department: Real Estate Management
Request: Approve a (New) Lease Agreement
Landlord: Ravinia Woods Management, LP
Tenant: County of Cook
Location: 15040 Ravinia Avenue, Suite 44, Orland Park, Illinois
Term/Extension Period: 6/1/2015- 11/30/2018
Space Occupied: 881 Square feet
Monthly Rent: 6/1/2015 - 5/31/2016 - $1,675.00 per month / Annual: $20,100.00
6/1/2016 - 5/31/2017 - $1,715.00 per month / Annual: $20,580.00
6/1/2017 - 11/30/2018- $1,750.00 per month / Annual: $21,000.00
Fiscal Impact: Approval of this item would commit Fiscal Year 2015, 2016, 2017 and 2018 funds
Accounts: (097-660 Account)
Option to Renew: N/A
Termination: By Tenant with sixty days prior written notice
Utilities Included: No, Separately metered and paid by Tenant (097-429 Account)
Summary/Notes: This lease at 15040 Ravinia Avenue, Orland Park, Illinois 60462, for the use of Commissioner Elizabeth Ann Doody Gorman's 17th District field officeend