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File #: 14-5083    Version: 1 Name: Payment Apprvl Req for 69WWMC
Type: Payment Approval Status: Approved
File created: 8/26/2014 In control: Board of Commissioners
On agenda: 9/10/2014 Final action: 9/10/2014
Title: PROPOSED PAYMENT APPROVAL Department(s): Real Estate Management Action: Requesting approval of payment to 69 W. Washington Management Company LLC Payee: 69 W. Washington Management Company LLC, Chicago, Illinois Good(s) or Service(s): Property Management Services for the George W. Dunne Office Building Fiscal Impact: $22,500.00 Accounts: 490-472 Contract Number(s): 97-43-1066 as amended Summary: On 7/23/2014, the Board of Commissioners approved Contract No. 1323-13201, retaining CBRE as the new management company for the George W. Dunne Office Building. In order to facilitate an orderly transition, 69 W. Washington Management Company, LLC will continue to serve through 9/14/2014, with CBRE assuming management duties as of 9/15/2014. Authorization is requested to pay 69 W. Washington Management Company LLC the management fee provided under the expiring management agreement for such period.
Indexes: (Inactive) ANNA ASHCRAFT
title
PROPOSED PAYMENT APPROVAL
 
Department(s):  Real Estate Management
 
Action:  Requesting approval of payment to 69 W. Washington Management Company LLC
 
Payee:  69 W. Washington Management Company LLC, Chicago, Illinois
 
Good(s) or Service(s):  Property Management Services for the George W. Dunne Office Building  
 
Fiscal Impact:  $22,500.00  
 
Accounts:  490-472
 
Contract Number(s):  97-43-1066 as amended
 
Summary:  On 7/23/2014, the Board of Commissioners approved Contract No. 1323-13201, retaining CBRE as the new management company for the George W. Dunne Office Building. In order to facilitate an orderly transition, 69 W. Washington Management Company, LLC will continue to serve through 9/14/2014, with CBRE assuming management duties as of 9/15/2014. Authorization is requested to pay 69 W. Washington Management Company LLC the management fee provided under the expiring management agreement for such period.
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