Board of Commissioners of Cook County - File #: 20-2420

• File #: 20-2420
• Version: 1
• Name: Illinois Medical District Commission (IMD) Hastings Parking Lot
• Type: Lease Agreement Amendment
• Status: Approved
• File created: 5/3/2020
• In control: Board of Commissioners
• On agenda: 5/21/2020
• Final action: 5/21/2020
• Title: PROPOSED LEASE AMENDMENT Department: Department of Real Estate Management Request: To approve a Lease Amendment Landlord: Illinois Medical District Commission (IMD) Tenant: County of Cook Location: Property bounded by 13th Street on the North, Hastings Street on the South, a parking lot on the East and Leavitt Street on the West in Chicago, Illinois 60608 Term/Extension Period: 5/1/2020 - 7/31/2020 Space Occupied: NA Monthly Rent: $5,445.00 Fiscal Impact: $16,335.00 Accounts: 41200.4890.13945.550130 Option to Renew: NA Termination: NA Utilities Included: NA Summary: Landlord's offering to extend lease will allow staff to continue to use the parking lot for an additional three months. Approval is recommended.
• Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

Date	Ver.	Action By	Motion	Result
5/21/2020	1	Board of Commissioners	approve	Pass

title

PROPOSED LEASE AMENDMENT

Department:  Department of Real Estate Management 

Request:  To approve a Lease Amendment 

Landlord:  Illinois Medical District Commission (IMD)

Tenant:  County of Cook 

Location: Property bounded by 13^th Street on the North, Hastings Street on the South, a parking lot on the East and Leavitt Street on the West in Chicago, Illinois 60608

Term/Extension Period:  5/1/2020 - 7/31/2020

Space Occupied:  NA

Monthly Rent:  $5,445.00

Fiscal Impact:  $16,335.00

Accounts:  41200.4890.13945.550130 

Option to Renew:  NA

Termination:  NA 

Utilities Included:  NA 

Summary: Landlord’s offering to extend lease will allow staff to continue to use the parking lot for an additional three months.  Approval is recommended.

end