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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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