File #: 14-3024    Version: 1 Name: 69W Sixth Amend to Lease Shoe Shine
Type: Lease Agreement Status: Approved
File created: 5/2/2014 In control: Economic Development, Bureau of
On agenda: 5/21/2014 Final action: 5/21/2014
Title: PROPOSED LEASE AMENDMENT Department: Real Estate Management Request: Approval of a Sixth Amendment to Lease Landlord: County of Cook Tenant: Yong H. Park and Eun Young Shin, d/b/a Ace Shoe Clinic Location: 69 West Washington Street, Lower Level Pedway, Suite LL-18 Term/Extension Period: 9/1/2014 - 8/31/2017 Space Occupied: 299 square feet Monthly Rent: Monthly $398.67 / Annual $4,784.00 (plus $3.00 per sq. ft. annually for operating expenses) Leasehold Taxes: Tenant pays leasehold taxes for the premises in addition to rent and operating expenses Fiscal Impact: Revenue Generating Accounts: N/A Option to Renew: N/A Termination: By Landlord, under certain conditions Utilities Included: Tenant pays for electricity metered to Premises Summary: The Tenant shall continue to use and occupy the premises as a retail shop, providing shoeshine and shoe repair services, sale of related goods and key copying...
Indexes: (Inactive) ANNA ASHCRAFT
title
PROPOSED LEASE AMENDMENT
 
Department:   Real Estate Management
 
Request:   Approval of a Sixth Amendment to Lease  
 
Landlord:   County of Cook
 
Tenant:   Yong H. Park and Eun Young Shin, d/b/a Ace Shoe Clinic
 
Location:   69 West Washington Street, Lower Level Pedway, Suite LL-18  
 
Term/Extension Period:  9/1/2014 - 8/31/2017  
 
Space Occupied:  299 square feet
 
Monthly Rent:      Monthly $398.67 / Annual $4,784.00       (plus $3.00 per sq. ft. annually for operating expenses)
 
Leasehold Taxes: Tenant pays leasehold taxes for the premises in addition to rent and operating expenses
 
Fiscal Impact:   Revenue Generating
 
Accounts:   N/A
 
Option to Renew:   N/A  
 
Termination:   By Landlord, under certain conditions
 
Utilities Included:   Tenant pays for electricity metered to Premises  
 
Summary:     The Tenant shall continue to use and occupy the premises as a retail shop, providing shoeshine and shoe repair services, sale of related goods and key copying, and for no other use or purpose.
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