File #: 15-1029    Version: 1 Name: 5th Dist Offiice 4th Amend to Lease
Type: Lease Agreement Amendment Status: Approved
File created: 1/6/2015 In control: Board of Commissioners
On agenda: 1/21/2015 Final action: 1/21/2015
Title: PROPOSED LEASE AMENDMENT Department: Real Estate Management Request: Approval of a Fourth Amendment to Lease Landlord: Chicago Title Land Trust Co. as Successor Trustee, under Trust Agreement #76244, dated 11/9/1971, and Sheldon Simborg as beneficiary Tenant: County of Cook Location: 2515 Veterans Drive, Posen, Illinois 60469 Term/Extension Period: 12/1/2014 - 11/30/2018 Space Occupied: 2,800 Square feet Monthly Rent: $1,293.00 / Annual $15,516.00 Fiscal Impact: Approval of this item would commit Fiscal Year 2015, 2016, 2017 and 2018 funds Accounts: (085-660 Account) Option to Renew: N/A Termination: By Tenant with ninety days prior written notice Utilities Included: No, Utility allowance paid to Landlord / $300.00 monthly (085-429 Account) Summary: This Fourth Amendment to Lease extends the term at 2515 Veterans Drive, Posen, Illinois, for the use of Commissioner Deborah Sims' 5th District field office
Indexes: (Inactive) ANNA ASHCRAFT
title
PROPOSED LEASE AMENDMENT
 
Department:  Real Estate Management  
 
Request:  Approval of a Fourth Amendment to Lease  
 
Landlord:  Chicago Title Land Trust Co. as Successor Trustee, under Trust Agreement
#76244, dated 11/9/1971, and Sheldon Simborg as beneficiary
 
Tenant:  County of Cook
 
Location:  2515 Veterans Drive, Posen, Illinois 60469
 
Term/Extension Period:  12/1/2014 - 11/30/2018
 
Space Occupied:  2,800 Square feet  
 
Monthly Rent:  $1,293.00 / Annual $15,516.00
 
Fiscal Impact:  Approval of this item would commit Fiscal Year 2015, 2016, 2017 and 2018 funds
 
Accounts:  (085-660 Account)
 
Option to Renew:  N/A
 
Termination:  By Tenant with ninety days prior written notice
 
Utilities Included:  No, Utility allowance paid to Landlord / $300.00 monthly (085-429 Account)
 
Summary:    This Fourth Amendment to Lease extends the term at 2515 Veterans Drive, Posen, Illinois, for the use of Commissioner Deborah Sims' 5th District field office
end