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PROPOSED INTERGOVERNMENTAL AGREEMENT (REAL ESTATE)
Department: Department of Real Estate Management
Landlord: County of Cook, Chicago, Illinois
Tenant: The State of Illinois, Department of Central Management Services, Chicago, Illinois
Request: To approve a new Lease Agreement
Location: 69 W. Washington, Suite 901
Agreement Period: 12/1/2020 - 11/30/2030
Termination: 180-days written notice, either party
Space Occupied: 5,491 Square feet
Fiscal Impact: Revenue Generating
Accounts: N/A
Summary: To approve a new Lease Agreement with The State of Illinois, Department of Central Management Services, Illinois' primary central service agency delivering shared resources to state agencies, employees and local government. The monthly rent is $9,426.00 plus tenant pays proportionate share of operating expenses. Approval is recommended.
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