Board of Commissioners of Cook County - File #: 19-5251

• File #: 19-5251
• Version: 1
• Name: Illinois Department of Healthcare and Family Services, 69 West Washington, Portion of the fourth (4th) floor
• Type: Lease Agreement Amendment
• Status: Approved
• File created: 8/21/2019
• In control: Board of Commissioners
• On agenda: 9/5/2019
• Final action: 9/5/2019
• Title: PROPOSED LEASE AMENDMENT Department: Department of Real Estate Management Request: To approve First Amendment of Intergovernmental Lease Agreement Landlord: County of Cook Tenant: Illinois Department of Healthcare and Family Services Location: 69 West Washington, Portion of the fourth (4th) floor Term/Extension Period: 10/1/2019 - 9/30/2024 Space Occupied: 13,034 square feet Monthly Rent: $20,789.23 with 3% annual escalations Fiscal Impact: $1,324,254.48 Revenue Generating + $123,953.34 in annual operating expenses Accounts: Option to Renew: NA Termination: Either party may terminate with 180 days prior written notice. Utilities Included: No Summary: Approval is recommended.
• Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

Date	Ver.	Action By	Motion	Result
9/5/2019	1	Board of Commissioners	approve	Pass

title

PROPOSED LEASE AMENDMENT

Department:  Department of Real Estate Management 

Request:  To approve First Amendment of Intergovernmental Lease Agreement 

Landlord:  County of Cook 

Tenant:  Illinois Department of Healthcare and Family Services 

Location:  69 West Washington, Portion of the fourth (4^th) floor  

Term/Extension Period:  10/1/2019 - 9/30/2024 

Space Occupied:  13,034 square feet

Monthly Rent:  $20,789.23 with 3% annual escalations

Fiscal Impact:  $1,324,254.48 Revenue Generating + $123,953.34 in annual operating expenses

Accounts: 

Option to Renew:  NA

Termination:  Either party may terminate with 180 days prior written notice. 

Utilities Included:  No

Summary:  Approval is recommended.

end