File #: 24-0303    Version: 1 Name: BUILD License Agreement
Type: License Agreement Status: Approved
File created: 11/27/2023 In control: Board of Commissioners
On agenda: 12/14/2023 Final action: 12/14/2023
Title: PROPOSED LICENSE AGREEMENT Department: Department of Real Estate Management Request: Request to Approve License Agreement Licensor: County of Cook Licensee: B.U.I.L.D. Incorporated Location: 5100 W. Harrison Street, Chicago, Illinois Term/Extension Period: 1/1/2024 - 12/31/2024 Space Occupied: Approximately 247 square feet of office space and additional use of common areas. Monthly Rent: $1,100; $13,200 annually - (a $564.00 credit will be given in the first month). Fiscal Impact: $12,636.00 (includes $564.00 credit for month #1) Accounts: 11100.1250.14245.550130.00000.00000 Option to Renew: Option to renew for two (2) additional one (1) year periods. Termination: The agreement may be terminated by either party, at any time, with not less than sixty (60) days prior written notice. Utilities Included: Yes Summary/Notes: Requesting approval of a License Agreement with B.U.I.L.D. Incorporated as Landlord and County of Cook, a body corporat...
Indexes: QUINCE BRINKLEY, Director, Real Estate Management

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PROPOSED LICENSE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  Request to Approve License Agreement

 

Licensor:  County of Cook 

 

Licensee:  B.U.I.L.D. Incorporated 

 

Location:  5100 W. Harrison Street, Chicago, Illinois 

 

Term/Extension Period:  1/1/2024 - 12/31/2024

 

Space Occupied:  Approximately 247 square feet of office space and additional use of common areas. 

 

Monthly Rent:  $1,100; $13,200 annually - (a $564.00 credit will be given in the first month).

 

Fiscal Impact:  $12,636.00 (includes $564.00 credit for month #1)

 

Accounts:  11100.1250.14245.550130.00000.00000  

 

Option to Renew:  Option to renew for two (2) additional one (1) year periods.

 

Termination:  The agreement may be terminated by either party, at any time, with not less than sixty (60) days prior written notice.  

 

Utilities Included:  Yes  

 

Summary/Notes:  Requesting approval of a License Agreement with B.U.I.L.D. Incorporated as Landlord and County of Cook, a body corporate and politic of the State of Illinois, as Tenant, for approximately 247 square feet of office space on the third floor and additional use of common areas in 5100 W. Harrison Street, Chicago, Illinois. 

 

The use is for Cook County State’s Attorney’s Office Community Justice Center (CJC), to proactively engage with community members and the police to address repeat offenders and violent offenders to curtail the disruption to the quality of life in their respective communities. The CJC will house Assistant State’s Attorneys, a community liaison, and an administrative assistant.

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