Board of Commissioners of Cook County - File #: 19-5254

• File #: 19-5254
• Version: 1
• Name: Illinois Department of Public Health, 69 West Washington Street, Portion of the 35th floor
• Type: Lease Agreement Amendment
• Status: Approved
• File created: 8/21/2019
• In control: Board of Commissioners
• On agenda: 9/5/2019
• Final action: 9/5/2019
• Title: PROPOSED LEASE AMENDMENT Department: Department of Real Estate Management Request: Approve First Amendment of Intergovernmental Lease Agreement Landlord: County of Cook Tenant: Illinois Department of Public Health Location: 69 West Washington Street, Portion of the 35th floor Term/Extension Period: 5/1/2019 - 4/30/2024 Space Occupied: 16,559 square feet Monthly Rent: $26,411.60 with 3% annual escalations Fiscal Impact: $1,682,394.48 Revenue Generating + $157,476.09 in annual operating expenses Accounts: Option to Renew: NA Termination: Either party may terminate with 180 days written notice. Utilities Included: No Summary: Approval is recommended.
• Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

Date	Ver.	Action By	Motion	Result
9/5/2019	1	Board of Commissioners	approve	Pass

title

PROPOSED LEASE AMENDMENT

Department:  Department of Real Estate Management 

Request:  Approve First Amendment of Intergovernmental Lease Agreement 

Landlord:  County of Cook 

Tenant:  Illinois Department of Public Health

Location:  69 West Washington Street, Portion of the 35^th floor

Term/Extension Period:  5/1/2019 - 4/30/2024

Space Occupied:  16,559 square feet 

Monthly Rent:  $26,411.60 with 3% annual escalations

Fiscal Impact:  $1,682,394.48 Revenue Generating + $157,476.09 in annual operating expenses

Accounts: 

Option to Renew:  NA

Termination:  Either party may terminate with 180 days written notice.

Utilities Included:   No

Summary:  Approval is recommended.

end