Board of Commissioners of Cook County - File #: 20-0588

• File #: 20-0588
• Version: 1
• Name: Albany Bank & Trust Company N.A. 2653 N Kedzie Lease for Commissioner Arroyo
• Type: Lease Agreement
• Status: Approved
• File created: 12/5/2019
• In control: Board of Commissioners
• On agenda: 12/19/2019
• Final action: 12/19/2019
• Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: To approve a new Lease Agreement Landlord: Albany Bank & Trust Company N.A. u/t/a 11-6380 dated 9/29/2014 Tenant: County of Cook Location: 2653 N. Kedzie Avenue, Chicago, Illinois 60647 Term/Extension Period: 1/12020 - 11/30/2022 Space Occupied: Approximately 1,520 square feet Monthly Rent: $2,900.00 Fiscal Impact: $101,500.00 Accounts: 11000.1088.550130 Option to Renew: NA Termination: Tenant may terminate with 30-day written notice. Utilities Included: No Summary/Notes: The use is for Cook County Commissioner Luis Arroyo Jr.'s Eighth (8th) District office. Approval is recommended.
• Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

Date	Ver.	Action By	Motion	Result
12/19/2019	1	Board of Commissioners	approve as amended in the errata	Pass

title

PROPOSED LEASE AGREEMENT

Department:  Department of Real Estate Management

Request:  To approve a new Lease Agreement

Landlord:  Albany Bank & Trust Company N.A. u/t/a 11-6380 dated 9/29/2014

Tenant:  County of Cook  

Location:  2653 N. Kedzie Avenue, Chicago, Illinois 60647  

Term/Extension Period:  1/12020 - 11/30/2022 

Space Occupied:  Approximately 1,520 square feet 

Monthly Rent:  $2,900.00

Fiscal Impact:  $101,500.00

Accounts:  11000.1088.550130

Option to Renew:  NA

Termination:  Tenant may terminate with 30-day written notice.

Utilities Included:  No

Summary/Notes: The use is for Cook County Commissioner Luis Arroyo Jr.’s Eighth (8^th) District office. Approval is recommended.

end