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PROPOSED LICENSE AGREEMENT
Department: Department of Real Estate Management
Request: Request to Approve License Agreement
Licensor: County of Cook
Licensee: Law Bulletin Publishing Company, a Delaware Corporation
Location: 50 W. Washington Street, Chicago, IL 60602 (Daley Center), Suite 802
Term/Extension Period: 1/1/2026 - 12/31/2028
Space Occupied: Approximately 319 sq. ft.
Monthly Rent:
Annual License Fees:
Year 1: $7,656.00
Year 2: $7,885.68
Year 3: $8,112.25
Fiscal Impact: Revenue Generating $23,653.93
Accounts: N/A
Option to Renew: N/A
Termination: N/A
Utilities Included: Yes
Summary/Notes: Requesting approval of a License Agreement between the County of Cook, as Licensor, and Law Bulletin Publishing Company, a Delaware Corporation as Licensee, for the use of 319 square feet of space on the 8th floor of the Richard J. Daley Center, located at 50 West Washington Street, Chicago, Illinois.
The Licensed Area is to be used and occupied, primarily, for the purpose of transcribing information from the records of the Clerk of the Circuit Court of Cook County, as its purpose relates to the printing, publishing, and providing of legal notice services on behalf of the Clerk of the Circuit Court.
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