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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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