Board of Commissioners of Cook County - File #: 19-1073

• File #: 19-1073
• Version: 1
• Name: Ravinia Woods Management, LP Commissioner Sean Morrison 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: Real Estate Management Request: Approval of First Amendment to Lease Landlord: Ravinia Woods Management, LP Tenant: County of Cook Location: 15040 Ravinia Avenue, Suite 44, Orland Park, Illinois 60462 Term/Extension Period: 12/1/2018-11/30/2022 Space Occupied: 881 sq. ft. Monthly Rent: 12/1/2018 - 11/30/2019: $1,790.00 per month/ annual $21,480.00 12/1/2019 - 11/30/2020: $1,830.00 per month/ annual $21,960.00 12/1/2020 - 11/30/2021: $1,870.00 per month/ annual $22,440.00 12/1/2021 - 11/30/2022: $1,910.00 per month/ annual $22,920.00 Fiscal Impact: FY19-FY22 $88,800.00 (Total for term of lease) Accounts: 11000.1097.19240.550130 - Facility and Office Space Rental Option to Renew: N/A Termination: By Tenant with sixty days prior written notice Utilities Included: Separately metered and paid by Tenant. Summary: Requesting approval of a First Amendment to lease of space at 15040 Ravinia Avenue, Orland Park, Il...
• Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

Date	Ver.	Action By	Motion	Result
1/24/2019	1	Board of Commissioners	approve	Pass

title

PROPOSED LEASE AMENDMENT

Department:  Real Estate Management 

Request:  Approval of First Amendment to Lease  

Landlord:  Ravinia Woods Management, LP

Tenant:  County of Cook  

Location:  15040 Ravinia Avenue, Suite 44, Orland Park, Illinois 60462

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

Space Occupied:  881 sq. ft.  

Monthly Rent: 

12/1/2018 - 11/30/2019:                     $1,790.00 per month/ annual $21,480.00

12/1/2019 - 11/30/2020:                     $1,830.00 per month/ annual $21,960.00

12/1/2020 - 11/30/2021:                     $1,870.00 per month/ annual $22,440.00

12/1/2021 - 11/30/2022:                     $1,910.00 per month/ annual $22,920.00                     

Fiscal Impact:  FY19-FY22 $88,800.00 (Total for term of lease)

Accounts:  11000.1097.19240.550130 - Facility and Office Space Rental  

Option to Renew:  N/A 

Termination:  By Tenant with sixty days prior written notice

Utilities Included:  Separately metered and paid by Tenant.

Summary: Requesting approval of a First Amendment to lease of space at 15040 Ravinia Avenue, Orland Park, Illinois 60462, for the use of Commissioner Sean Morrison’s 17^th District field office.

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