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25-0470
| 1 | | | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 11/20/2024. | | |
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24-6207
| 1 | | South Suburban College IGA | Intergovernmental Agreement | PROPOSED INTERGOVERNMENTAL AGREEMENT
Department: Department of Real Estate Management
Other Part(ies): South Suburban College
Request: Request to Enter Intergovernmental Agreement
Goods or Services: Use of Classroom Space
Agreement Number(s): N/A
Agreement Period: 1/1/2025 - 12/31/2025
Fiscal Impact: FY2025 $6,000.00
Accounts: N/A
Summary: The Department of Real Estate Management is requesting approval to enter into a one (1) year Intergovernmental Agreement between Community College District 510, commonly known as South Suburban College, as Lessor, and The County of Cook, as Lessee, to permit the Office of the Cook County Sheriff (OCCS) to utilize four (4) traditional classrooms within the facility, located at 16333 S. Kilbourn Avenue, Oak Forest, IL 60452
The Intergovernmental Agreement will enable OCCS to provide police officer training. | | |
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24-6208
| 1 | | Viva JV LLC License Agreement | License Agreement | PROPOSED LICENSE AGREEMENT
Department: Department of Real Estate Management
Request: Request to Approve License Agreement
Licensor: County of Cook
Licensee: Viva JV, LLC
Location: West 26th Street and South Washtenaw Avenue, in the vicinity of Cook County Criminal Courthouse near 2650 S. California Ave.
Term/Extension Period: 2/1/2025 - 1/31/2026
Space Occupied: Approximately 16.9 acres
Monthly Rent: One-time Annual Payment of $91,179.00
Fiscal Impact: Revenue Generating
Accounts: N/A
Option to Renew: N/A
Termination: Licensor shall have the right to terminate this License agreement, upon thirty (30) days written notice to Licensee, at any time, during the Term.
Utilities Included: N/A
Summary/Notes: The Department of Real Estate Management is requesting approval to enter into a one (1) year License Agreement between Viva JV, LLC, a Delaware Limited Liability Company, as Licensee, and The County of Cook, as Licensor, to permit the Licensee to utilize the site, located at 26th and Washtenaw, for the ope | | |
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24-6371
| 1 | | Village of Schaumburg Redevelopment Agreement | Intergovernmental Agreement | PROPOSED INTERGOVERNMENTAL AGREEMENT
Department: Department of Real Estate Management
Other Part(ies): Village of Schaumburg
Request: Request to Enter Redevelopment Agreement
Goods or Services: Describe what the County or other party is giving or receiving
Agreement Number(s): N/A
Agreement Period: One-time Agreement
Fiscal Impact: $10,500,000.00 (Revenue Generating)
Accounts: N/A
Summary: Requesting authorization for the Cook County Department of Real Estate Management to enter into a redevelopment agreement (RDA) with the Village of Schaumburg for the transfer of Cook County's District 1 Maintenance Facility to Schaumburg and the County’s acquisition of the property at 2222 Hammond Drive from the Village.
The agreement will facilitate the relocation of the County's District 1 Maintenance Facility from its current location at 2325 Meacham Road to the Subject Property at 2222 Hammond Drive.
The Village of Schaumburg will provide up to $10.5 million in Tax Increment Financing (TIF) funds to cover eligible costs, including l | | |
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