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PROPOSED LEASE AMENDMENT
Department: Department of Real Estate Management
Request: Approve a First Amendment to Lease Agreement
Landlord: City of Chicago, Illinois
Tenant: County of Cook, for use by Cook County Ambulatory and Community Health Network
Location: 3525 South Michigan Avenue, Chicago, Illinois
Term/Extension Period: Commencement upon Board Approval - 12/31/2021
Space Occupied: 11,500 Square feet
Monthly Rent: N/A
Operating Expenses: Tenant shall be responsible for all costs of operating and maintaining the Premises including any necessary capital improvements.
Fiscal Impact: Approval of this item would commit Fiscal 2017 - 2021 funds
Accounts: (893-461 Maintenance of Facilities)
Option to Renew: N/A
Termination: By either party with a (60) day prior written notice
Utilities Included: No, Tenant pays for utilities metered to Premises
Summary: The First Amendment extends the term of the Lease for five (5) years. The Ambulatory and Community Health Network will continue to use the premises as a public health center.
This Lease Agreement is being submitted simultaneously for approval by the Health & Hospitals System and the City Council of Chicago at their next available meeting.
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