Board of Commissioners of Cook County - File #: 19-5257

• File #: 19-5257
• Version: 1
• Name: Illinois Department of Veteran Affairs, 69 West Washington Street, Portion of the 16th 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: To approve the First Amendment to an Intergovernmental Lease Agreement Landlord: County of Cook Tenant: Illinois Department of Veteran Affairs Location: 69 West Washington Street, Portion of the 16th floor Term/Extension Period: 12/1/2018 - 11/30/2023 Space Occupied: 4,675 square feet Monthly Rent: $6,891.75 with 3% annual escalations Fiscal Impact: $439,077.00 Revenue Generating + $44,459.25 in annual operating expenses Accounts: Option to Renew: NA Termination: Either party may terminate with 180 days prior 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:  To approve the First Amendment to an Intergovernmental Lease Agreement

Landlord:  County of Cook  

Tenant:  Illinois Department of Veteran Affairs

Location:  69 West Washington Street, Portion of the 16^th floor 

Term/Extension Period:  12/1/2018 - 11/30/2023

Space Occupied:  4,675 square feet

Monthly Rent:  $6,891.75 with 3% annual escalations

Fiscal Impact:  $439,077.00 Revenue Generating + $44,459.25 in annual operating expenses

Accounts: 

Option to Renew:  NA

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

Utilities Included:  No 

Summary:  Approval is recommended.

end