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File #: 21-2819    Version: 1 Name: New Lease Agreement for SAO CJC at 715 Maxwelll St.
Type: Lease Agreement Status: Approved
File created: 4/19/2021 In control: Board of Commissioners
On agenda: 5/13/2021 Final action: 5/13/2021
Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: To approve a new Lease Agreement Landlord: The Board of Trustees of the University of Illinois Tenant: County of Cook Location: 715 Maxwell Street, Chicago, Illinois 60608 Term/Extension Period: 6/1/2021 - 5/31/2022 Space Occupied: Approximately 1,179 square feet Monthly Rent: $2,500.00 Fiscal Impact: FY21 $15,000; FY22 $15,000 Accounts: 11100.1250.11965.550130 Option to Renew: Four (4), one (1) year renewal options Termination: The County may terminate with 60 days' written notice. Utilities Included: Yes Summary/Notes: The State's Attorney Office seeks to lease space for the operations of their Community Justice Center. Approval is recommended.
Indexes: JESSICA CAFFREY, Director, Real Estate Management Division

title

PROPOSED LEASE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  To approve a new Lease Agreement

 

Landlord:  The Board of Trustees of the University of Illinois

 

Tenant:  County of Cook

 

Location:  715 Maxwell Street, Chicago, Illinois 60608

 

Term/Extension Period:  6/1/2021 - 5/31/2022

 

Space Occupied:  Approximately 1,179 square feet

 

Monthly Rent:  $2,500.00

 

Fiscal Impact:  FY21 $15,000; FY22 $15,000 

 

Accounts:  11100.1250.11965.550130

 

Option to Renew:  Four (4), one (1) year renewal options  

 

Termination:  The County may terminate with 60 days’ written notice.

 

Utilities Included:  Yes

 

Summary/Notes:  The State’s Attorney Office seeks to lease space for the operations of their Community Justice Center.  Approval is recommended.

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