File #: 13-1310    Version: 1 Name: 69 W Barbershop Lease LL-12
Type: Lease Agreement Amendment Status: Approved
File created: 8/16/2013 In control: Economic Development, Bureau of
On agenda: 9/11/2013 Final action: 9/11/2013
Title: PROPOSED LEASE AMENDMENT Department: Real Estate Management Request: Approval of a Second Amendment to Lease Landlord: County of Cook Tenant: Angileri's Barbershop, LTD Location: 69 W Washington, Lower Level Pedway, Suite LL-12 Term/Extension Period: October 1, 2013-September 30, 2018 Space Occupied: 856 square feet Monthly Rent: $1,389.57 / Annual $16,674.84 Fiscal Impact: Revenue Generating Accounts: Business Unit 4901618 / Account 540402 (490-472) Option to Renew: N/A Termination: N/A Utilities Included: In addition to rent, Tenant pays leasehold taxes for the premises plus $3.00 per sq. ft. annually for operating expenses. Summary/Notes: The business operation of Tenant is through a corporation; therefore the "Tenant" for purposes of the lease is amended to be the corporate entity. Tenant shall continue to use and occupy the Premises solely as a barbershop, hair salon and manicure shop, and for no other use or purpose.
Indexes: (Inactive) ANNA ASHCRAFT
title
PROPOSED LEASE AMENDMENT
 
Department:
Real Estate Management
 
Request:
Approval of a Second Amendment to Lease
 
Landlord:
County of Cook
 
Tenant:
Angileri's Barbershop, LTD
 
Location:
69 W Washington, Lower Level Pedway, Suite LL-12
 
Term/Extension Period:
October 1, 2013-September 30, 2018
 
Space Occupied:
856 square feet
 
Monthly Rent:
$1,389.57 / Annual $16,674.84
 
Fiscal Impact:
Revenue Generating
 
Accounts:
Business Unit 4901618 / Account 540402 (490-472)
 
Option to Renew:
N/A
 
Termination:
N/A
 
Utilities Included:
In addition to rent, Tenant pays leasehold taxes for the premises plus $3.00 per sq. ft. annually for operating expenses.
 
Summary/Notes:
The business operation of Tenant is through a corporation; therefore the "Tenant" for purposes of the lease is amended to be the corporate entity. Tenant shall continue to use and occupy the Premises solely as a barbershop, hair salon and manicure shop, and for no other use or purpose.
end