File #: 14-3025    Version: 1 Name: 69W Third Amendment to Lease Clock Shop
Type: Lease Agreement Status: Approved
File created: 5/2/2014 In control: Economic Development, Bureau of
On agenda: 5/21/2014 Final action: 5/21/2014
Title: PROPOSED LEASE AMENDMENT Department: Real Estate Management Request: Approval of a Third Amendment to Lease Landlord: County of Cook Tenant: Boris Persky, d/b/a Around the Clock Repairs Location: 69 West Washington Street, Lower Level Pedway, Suite LL-15 Term/Extension Period: 10/1/2014 - 9/30/2017 Space Occupied: 540 square feet Monthly Rent: Monthly $1,035.00 / Annual $12,420.00 (plus $3.00 per sq. ft. annually for operating expenses) Leasehold Taxes: Tenant pays leasehold taxes for the premises in addition to rent and operating expenses Fiscal Impact: Revenue Generating Accounts: N/A Option to Renew: N/A Termination: By Tenant with 90 day prior written notice Utilities Included: Tenant pays for electricity metered to Premises Summary: Tenant, shall continue to occupy the Premises for the operation of the "Around the Clock Repairs" shop and for no other purpose
Indexes: (Inactive) ANNA ASHCRAFT
title
PROPOSED LEASE AMENDMENT
 
Department:  Real Estate Management  
 
Request:  Approval of a Third Amendment to Lease
 
Landlord:  County of Cook    
 
Tenant:  Boris Persky, d/b/a Around the Clock Repairs
 
Location:  69 West Washington Street, Lower Level Pedway, Suite LL-15
 
Term/Extension Period:  10/1/2014 - 9/30/2017  
 
Space Occupied:  540 square feet  
 
Monthly Rent:  Monthly $1,035.00 / Annual $12,420.00 (plus $3.00 per sq. ft. annually for operating expenses)
 
Leasehold Taxes:   Tenant pays leasehold taxes for the premises in addition to rent and operating expenses
 
Fiscal Impact:  Revenue Generating
 
Accounts:   N/A  
 
Option to Renew:   N/A
 
Termination:  By Tenant with 90 day prior written notice
 
Utilities Included:  Tenant pays for electricity metered to Premises  
 
Summary:    Tenant, shall continue to occupy the Premises for the operation of the "Around the Clock Repairs" shop and for no other purpose
end