Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Asset Management Committee Agenda status: Final
Meeting date/time: 3/13/2024 1:30 PM Minutes status: Draft  
Meeting location: Cook County Building, Board Room, 118 North Clark Street, Chicago, Illinois
Issued on: 3-6-2024
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
Attachments: Click to Watch Live, To comment on an item on this agenda, click here, Errata 3-13-2024 Asset Management Committee Meeting.pdf
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24-1932 1 Asset Management minutes from the meeting of 2/28/2024Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 2/28/2024   Not available Not available
24-0302 1 GMA Construction Group, Chicago, IllinoisContract Amendment PROPOSED CONTRACT AMENDMENT Department(s): Department of Capital Planning and Policy Vendor: Griggs, Mitchell & Alma of IL, LLC d/b/a GMA Construction Group, Chicago, Illinois Request: Authorization for the Chief Procurement Officer to extend and increase contract Good(s) or Service(s): Construction Manager at Risk Services Original Contract Period: 10/1/2022 - 9/30/2024 Proposed Amendment Type: Extension and Increase Proposed Contract Period: Extension period 10/1/2024 - 12/31/2026 Total Current Contract Amount Authority: $24,200,000.00 Original Approval (Board or Procurement): Board, 9/22/2022 Increase Requested: $21,500,000.00 Previous Board Increase(s): N/A Previous Chief Procurement Officer Increase(s): N/A Previous Board Renewals: N/A Previous Chief Procurement Officer Renewals: N/A Previous Board Extension(s): N/A Previous Chief Procurement Officer Extension(s): N/A Potential Fiscal Impact: FY 2024, $5,750,000.00; FY 2025, $11,000,000.00; FY 2026: $5,750,000.00 Accounts: 11569.1031.11190.560107.5601   Not available Not available
24-1056 1 New Lease Agreement Community CourtLease AgreementPROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: Requesting approval to enter into a lease agreement Landlord: Sauk Village Tenant: Cook County, for use by the Restorative Justice Community Court Location: 2700 Kavelage Drive, Sauk Village, Illinois 6041 Term/Extension Period: Dates of lease term or extension period Space Occupied: Large open space: 2,000 rsf, Office space: 179 rsf, Kitchen: 267 rsf, Northside open space: 392 rsf, Northside bathroom: 32 rsf, Northside bathroom #2: 32 rsf Monthly Rent: 2/1/2024 - 1/31/2025 $2,000.00, 2/1/2025 - 1/31/2026 $2,060.00, 2/1/2026 - 1/31/2027 $2,121.80 Lease Year Annual Rent Monthly Rent 4/1/2024 - 3/31/2025 $24,000.00 $2,000.00 4/1/2025 -3/31/2026 $24,720.00 $2,060.00 4/1/2026 - 3/31/2027 $25,461.60 $2,121.80 Total: $74,181.60 Fiscal Impact: $74,181.60 Accounts: 11100.1300.14185.550130.00000.00000 Option to Renew: Option to renew for three (3) additional one (1) year term Sixty (“60”) days before the Expiration Date of the Lease, the Landlord and the T   Not available Not available