HomeMy WebLinkAbout134-R-19 Authorizing the City Manager to Enter into a Six Month Lease Agreement with GTC Main Street, Inc. for Space in City of Evanston Parking Lot 1511 /26/2019
134-R-19
A RESOLUTION
Authorizing the City Manager to Enter into a Six Month Lease
Agreement with GTC Main Street, Inc. for Space in City of Evanston
Parking Lot 15
WHEREAS, GTC Main Street, Inc. ("GTC') owns certain real property
located at 716 Main Street, Evanston, Illinois 60201, which is leased to the City of
Evanston ("City") and improved with a public parking lot referred to as Lot 15 (the
"Property"), legally described in Exhibit "A"; and
WHEREAS, The City entered into a lease in 2010 that designates the City
shall pay portions of the Real Estate Tax Bill for the parcels: 41 % of Property Index
Number 11-19-303-606-0000, 39% of Property Index Number 11-19-303-707-0000, and
100% of Property Tax Number 11-19-303-034-0000 as its rent for the aforesaid
premises; and
WHEREAS, The City maintains the facilities at its own expense to provide
parking of automobiles, including but not limited to pavement markings, lighting system,
and snow removal; and
WHEREAS, Staff has determined that the lease is no longer financially
responsible for the City, and seeks to enter into a six month lease to provide time for the
owner to find alternative operations; and
WHEREAS, The City will no longer be liable for payment of the Real
Estate Tax Bills, but will pay GTC fifteen (15%) percent of the parking revenue received
134-R-19
from Lot 15 (hourly rates and monthly permits), and continue maintenance/snow plow
operations;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COUNTY OF COOK, STATE OF ILLINOIS:
SECTION 1: The City Manager is hereby authorized and directed to
execute, on behalf of the City of Evanston, a lease agreement of six (6) months,
between the City of Evanston and GTC. The Lease Agreement shall be in substantial
conformity with the Lease Agreement attached hereto as Exhibit "B" and incorporated
herein by reference.
SECTION 2: The City Manager is hereby authorized and directed to
negotiate any additional terms and conditions of the leases as may be determined to be
in the best interests of the City.
SECTION 3: Resolution 134-R-19 shall be in full force and effect from
and after its passage and approval in the manner provided by law.
Attest:
Devui I rtcidtp-Eiefif'
_f'_ciUaTA0Cornez� �4v� Clec<<
Adopted: �Cc_2�J2c q , 2019
i
Stephen . Hag rt or
Approved as to form:
Michelle Masoncup, Cdrporation Counsel
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134-R-19
EXHIBIT A
LEGAL DESCRIPTION OF PROPERTY
SOUTH 94 FEET OF LOT 3 (EXCEPT THE EAST 23 FEET
THEREOF) AND THE SOUTH 94 FEET OF LOT 4 (EXCEPT THE WEST
6 FEET OF THE SOUTH 82 FEET THEREOF) IN BLOCK ONE (1) IN
ADAMS AND BROWNS ADDITION TO EVANSTON IN THE NORTH
ONE-HALF (1/2) OF THE SOUTHWEST ONE QUARTER (1/4) OF
SECTION 19, TOWNSHIP 41 NORTH, RANGE 14, EAST OF THE THIRD
PRINCIPAL MERIDIAN IN COOK COUNTY, ILLINOIS.
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134-R-19
EXHIBIT B
LEASE
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