File #: 24-1923    Version: 1 Name: Bass Furniture and Rug Co., Inc.
Type: Lease Agreement Status: Approved
File created: 3/6/2024 In control: Asset Management Committee
On agenda: 3/14/2024 Final action: 4/18/2024
Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: Requesting approval to enter into a lease agreement. Landlord: Bass Furniture and Rug Co., Inc. Tenant: Cook County, for use by the Public Defender's Office Location: 11431 S. Michigan Avenue, Chicago, Illinois 60628 Term/Extension Period: 4/1/2024 5/1/2024 - 12/31/2026 Space Occupied: 1,502 sqf Monthly Rent: 6/1/2024 - 3/31/2025 $20,000.00; 4/1/2025 - 3/31/2026 $24,360.00; 4/1/2026 - 12/31/2026 $24,730.80 Fiscal Impact: $69,090.80 (Non-revenue generating) Accounts: 11286.1260.62742.550130.00000.00000 Option to Renew: Option to renew for three (3) consecutive three (3) year terms. Termination: Provide details of lease termination Utilities Included: No $69,090.80 (Non-revenue generating) Summary/Notes: The Freedom Defense Center of Roseland will foster accountability and trust between the Public Defender's Office and the community it serves. The center is rooted in...
Indexes: QUINCE BRINKLEY, Director, Real Estate Management

title

PROPOSED LEASE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  Requesting approval to enter into a lease agreement.

 

Landlord:  Bass Furniture and Rug Co., Inc.

 

Tenant:  Cook County, for use by the Public Defender’s Office

 

Location:  11431 S. Michigan Avenue, Chicago, Illinois 60628

 

Term/Extension Period:  4/1/2024 5/1/2024 - 12/31/2026

 

Space Occupied:  1,502 sqf

 

Monthly Rent:  6/1/2024 - 3/31/2025 $20,000.00; 4/1/2025 - 3/31/2026 $24,360.00; 4/1/2026 - 12/31/2026 $24,730.80

 

Fiscal Impact:  $69,090.80 (Non-revenue generating)

 

Accounts:  11286.1260.62742.550130.00000.00000  

 

Option to Renew:  Option to renew for three (3) consecutive three (3) year terms.

 

Termination:  Provide details of lease termination  

 

Utilities Included:  No  $69,090.80 (Non-revenue generating)

 

Summary/Notes:  The Freedom Defense Center of Roseland will foster accountability and trust between the Public Defender’s Office and the community it serves.  The center is rooted in partnering and standing with the Roseland community, to reduce the impact of the carceral system and to fight for justice.  It works to change the narrative around harm and safety, by honoring community members’ experiences and prioritizing autonomy.

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