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File #: 14-5056    Version: 1 Name: CSI Fourth Amend to Lease Dist Courts
Type: Lease Agreement Amendment Status: Approved
File created: 8/25/2014 In control: Board of Commissioners
On agenda: 9/10/2014 Final action: 9/10/2014
Title: PROPOSED LEASE AMENDMENT Department: Real Estate Management Request: Approval of a Fourth Amendment to Lease Landlord: County of Cook Tenant: Catholic Charities of the Archdiocese of Chicago Location: 2nd, 3rd, 4th, 5th, 6th District Court Buildings Term/Extension Period: 10/1/2014 - 9/30/2017 Space Occupied: 12,040 sq. ft. (total / all buildings) Monthly Rent: Period Annual Monthly PSF 10/1/14-9/30/15 $130,032.00 $10,836.00 $10.80 10/1/15-9/30/16 $133,884.84 $11,157.07 $11.12 10/1/16-9/30/17 $137,858.00 $11,488.17 $11.45 Fiscal Impact: "Revenue Generating" Accounts: "N/A" Option to Renew: "N/A" Termination: 120 day written notice, either party Utilities Included: Yes Summary: The Tenant shall continue to use and occupy the premises for general office purposes for Central States Institute of Addiction, in connection with ...
Indexes: (Inactive) ANNA ASHCRAFT
title
PROPOSED LEASE AMENDMENT
 
Department:  Real Estate Management
 
Request:  Approval of a Fourth Amendment to Lease
 
Landlord:  County of Cook
 
Tenant:  Catholic Charities of the Archdiocese of Chicago
 
Location:  2nd, 3rd, 4th, 5th, 6th District Court Buildings  
 
Term/Extension Period:  10/1/2014 - 9/30/2017  
 
Space Occupied:  12,040 sq. ft. (total / all buildings)
 
Monthly Rent:   Period                  Annual                  Monthly            PSF
                          10/1/14-9/30/15            $130,032.00            $10,836.00            $10.80
                         10/1/15-9/30/16            $133,884.84            $11,157.07            $11.12
                         10/1/16-9/30/17            $137,858.00            $11,488.17            $11.45
 
Fiscal Impact:  "Revenue Generating"
 
Accounts:  "N/A"
 
Option to Renew:  "N/A"
 
Termination:  120 day written notice, either party
 
Utilities Included:  Yes
 
Summary:    The Tenant shall continue to use and occupy the premises for general office purposes for Central States Institute of Addiction, in connection with activities related to the operation of the courts in the Building in which the respective portion of the premises is located. The Tenant's use of the space includes monitoring D.U.I. (Driving Under the Influence) cases.
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