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PROPOSED INTERGOVERNMENTAL AGREEMENT
Department: County Department of Real Estate Management
Other Part(ies): Board of Election Commissioners for the City of Chicago
Request: Approval to Enter Intergovernmental Agreement
Goods or Services: Use of Space Agreement
Agreement Number(s): N/A
Agreement Period: 12/21/2021 12/01/2021-11/30/2026
Fiscal Impact: Revenue Generating
Accounts: N/A
Summary: Requesting approval of an IGA between Board of Election Commissioners for the City of Chicago as Tenant, and the County of Cook a body politic and corporate, as Landlord, for use of space in the building located at 69 W. Washington Street, Suite 600, and Suite 800, Chicago IL 60602. Total space equals 48,480 sq. ft.
The Board of Elections Commissioners for the City of Chicago historically utilized space at 69 W. Washington Street rent gratis in exchange for County’s use of space in the Branch Courts. As the County has vacated space in the Branch Court locations, this IGA was established to allow for the Board of Election Commissioners for the City of Chicago continued use with a rental fee for the space. paying only a pro-rata share of building operating expenses. The Department of Real Estate Management has achieved a new agreement which includes rent, in addition to operating expenses, that will be discounted to begin and will transition to prevailing rates at the property over approximately 8 years..
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