File #: 19-1071    Version: 1 Name: 521 LaGrange Rd., LLC Commissioner Tobolski District Office Lease Amendment
Type: Lease Agreement Amendment Status: Approved
File created: 1/4/2019 In control: Board of Commissioners
On agenda: 1/24/2019 Final action: 1/24/2019
Title: PROPOSED LEASE AMENDMENT Department: Department of Real Estate Management Request: Approval of a Second Amendment to Lease Landlord: 521 LaGrange Rd., LLC Tenant: County of Cook Location: 521 S. LaGrange Rd., LaGrange, Illinois 60525 Term/Extension Period: 12/1/2018-11/30/2022 Space Occupied: 685 sq. ft. Monthly Rent: 12/1/2018 - 11/30/19 $1,357.00 per month 12/1/2019 - 11/30/20 $1,391.00 per month 12/1/2020 - 11/30/21 $1,425.00 per month 12/1/2021 - 11/30/22 $1,461.00 per month Fiscal Impact: FY19-FY22 $67,608.00 (Total rent of term) Accounts: 11000.1096.19330.550130 - Facility and Office Space Rental Option to Renew: N/A Termination: By Tenant with sixty days prior written notice Utilities Included: No. Electricity separately metered and paid by tenant. Summary: Requesting approval of a Second Amendment to Lease extending the term at 521 S. LaGrange Road, LaGrange, Illinois 60525 for the use of Commissioner Jeffrey R. Tobolski's 1...
Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

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PROPOSED LEASE AMENDMENT

 

Department:  Department of Real Estate Management

 

Request:  Approval of a Second Amendment to Lease  

 

Landlord:  521 LaGrange Rd., LLC   

 

Tenant:  County of Cook 

 

Location:  521 S. LaGrange Rd., LaGrange, Illinois 60525  

 

Term/Extension Period:  12/1/2018-11/30/2022   

 

Space Occupied:  685 sq. ft.  

 

Monthly Rent: 

12/1/2018 - 11/30/19                     $1,357.00 per month

12/1/2019 - 11/30/20                     $1,391.00 per month

12/1/2020 - 11/30/21                     $1,425.00 per month

12/1/2021 - 11/30/22                     $1,461.00 per month

 

Fiscal Impact:  FY19-FY22 $67,608.00 (Total rent of term)

 

Accounts:  11000.1096.19330.550130 - Facility and Office Space Rental 

 

Option to Renew:  N/A

 

Termination:  By Tenant with sixty days prior written notice 

 

Utilities Included:  No. Electricity separately metered and paid by tenant. 

 

Summary: Requesting approval of a Second Amendment to Lease extending the term at 521 S. LaGrange Road, LaGrange, Illinois 60525 for the use of Commissioner Jeffrey R. Tobolski’s 16th District field office.

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