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PROPOSED RESOLUTION
A RESOLUTION AUTHORIZING THE TRANSFER OF CERTAIN ART WORK FROM THE ART IN THE CENTER, INC. TO THE COUNTY OF COOK
WHEREAS, the County of Cook is the owner of certain real estate (the "Real Estate") located at 69 W. Washington Street, Chicago, Illinois, and now known as the George W. Dunne Office Building (the "Property"). The Westerly portion of the Property consists of an outdoor plaza (the "Plaza"); and
WHEREAS, Harris Trust and Savings and Savings Bank, not individually but as Trustee of a land trust known as Trust 30980 ("Landlord's Predecessor") and Art in the Center, Inc., ("Tenant" or "AIC") entered into that certain Lease dated February 24, 1981 allowing AIC to use a certain portion of the Plaza for the construction, maintenance, and display of a certain work of art created by the renowned artist Joan Miro, entitled Miss Chicago (the "Work"); and
WHEREAS, AIC wishes to make a gift of the Work to the County of Cook in accord with the terms and conditions of a certain Gift Agreement ("Agreement"); and
WHEREAS, the (the "County") desires to acquire the Work from AIC and by this Resolution declares that it is necessary or convenient for the County to acquire the Work; and
WHEREAS, the Gift Agreement states that the County agrees to at all times fully insure the Work and maintain it in good condition, and that the Work shall remain in its present location available for public viewing, subject to conditions specified in the Gift Agreement; and
WHEREAS, Cook County is empowered, by its home rule authority to accept the Work from the AIC;
NOW, THEREFORE, be it resolved by the Board of Commissioners of Cook County, Illinois as follows:
Section 1: The foregoing recitals are incorporated herein as findings of the Board of Commissioners of Cook County, Illinois.
Section 2: The President of the Board or the Director of Real Estate is hereby authorized to execute and deliver, on behalf of the County of Coo...
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