File #: 17-1405    Version: 1 Name: Office of the Inspector General of the City of Chicago
Type: Lease Agreement Amendment Status: Approved
File created: 1/24/2017 In control: Board of Commissioners
On agenda: 2/8/2017 Final action: 2/8/2017
Title: PROPOSED LEASE AMENDMENT Department: Department of Real Estate Management Request: Approve a First Amendment to Lease Agreement Landlord: County of Cook Tenant: Office of the Inspector General of the City of Chicago Location: 69 West Washington Street, 14th Floor, Suite 1420, Chicago, Illinois Term/Extension Period: 3/1/2017 - 2/28/2022 Space Occupied: 810 Square feet Monthly Rent: $1.00 Annually Operating Expenses: Tenant will pay its pro rata share of operating costs as rental for the space Fiscal Impact: Revenue Generating Accounts: N/A Option to Renew: N/A Termination: Either party may terminate with 120 days written notice. Utilities Included: No, Tenant pays for electricity which is separately metered to Premises Summary: As part of the City/County collaboration initiative launched in 2011, the City of Chicago would continue to occupy office space located on the 14th floor.
Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

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PROPOSED LEASE AMENDMENT

 

Department:  Department of Real Estate Management

 

Request:  Approve a First Amendment to Lease Agreement

 

Landlord:  County of Cook

 

Tenant:  Office of the Inspector General of the City of Chicago

 

Location:  69 West Washington Street, 14th Floor, Suite 1420, Chicago, Illinois

 

Term/Extension Period:  3/1/2017 - 2/28/2022

 

Space Occupied:  810 Square feet

 

Monthly Rent:  $1.00 Annually

 

Operating Expenses: Tenant will pay its pro rata share of operating costs as rental for the space

 

Fiscal Impact:  Revenue Generating

 

Accounts:  N/A

 

Option to Renew:  N/A

 

Termination:  Either party may terminate with 120 days written notice.

 

Utilities Included:  No, Tenant pays for electricity which is separately metered to Premises

 

Summary:  As part of the City/County collaboration initiative launched in 2011, the City of Chicago would continue to occupy office space located on the 14th floor.

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