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PROPOSED LICENSE AGREEMENT
Department: Department of Real Estate Management
Request: Approval of a new License Agreement
Licensor: Elk Grove, Illinois Park District
Licensee: County of Cook for the use of Commissioner Timothy O. Schneider
Location: 711 Chelmsford Lane, Elk Grove Village, Illinois
Term/Extension Period: Original: 12/1/14-11/30/2018 New: Commencing upon Licensor’s purchase of land/building
Space Occupied: 192 square feet
Monthly Rent: $120.00
Fiscal Impact: $1,440.00
Accounts: 095-660 Rental of Facilities
Option to Renew: N/A
Termination: By Landlord or Tenant with 30 days prior written notice. Automatically upon the resignation, death or removal of Timothy O. Schneider from office without any termination fee.
Utilities Included: Yes. Licensor shall provide and pay for all utilities including electric, gas, heat, air conditioning and water (excluding telephone service) to the Premises.
Summary/Notes: License Agreement at 711 Chelmsford Lane, Elk Grove Village, Illinois for the use of Commissioner Timothy O. Schneider’s 15th District field office. Office is currently owned by Elk Grove Township and is in use by Commissioner Schneider. Ownership is transferring from Elk Grove Township to Elk Grove Park District. Rider includes stipulation for Commissioner Schneider to pay monthly License Fee directly to Elk Grove Township Community Day Care, second tenant on the Premises at the request of Elk Grove Park District.
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