Loading...
HomeMy WebLinkAboutRESOLUTIONS-2003-036-R-03• 05/29/2003 36-R-03 A RESOLUTION Authorizing City Manager to Execute Rider No. 1 to Lease with Rebeccah Seely, D/b/a Perennials, Inc. Providing for Assignment of the Lease to Patio, Inc. WHEREAS, Rebeccah Seely, d/b/a Perennials, Inc., Lessee, and the City of Evanston, an Illinois municipal corporation, Lessor, are parties to a lease ("the Lease"), for the property at 2022 Central Street, Evanston, Illinois, for the term of April 1, 2001 through February 28, 2006; and WHEREAS, Lessee is desirous of selling Perennials, Inc., a stationery store, • occupying the property, to Patio Inc., the principal shareholder of which is Patricia O'Neill-Cynkar; and WHEREAS, Patricia O'Neill-Cynkar is desirous of operating her business at the 2022 Central Street location; and WHEREAS, sale of Perennials, Inc. to Patio Inc. is scheduled to occur on or about June 2, 2003; and and WHEREAS, said sale will occur prior to the end of the lease; and WHEREAS, paragraph 6 of the Lease provides that Lessee shall not assign it; WHEREAS, paragraph 29 of the Lease provides that "any modification hereto 0 must be in writing and signed by both parties"; and 36-R-03 WHEREAS, modification of the lease to allow assignment to Patio Inc. is in the • best interests of the citizens of Evanston, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That the City Manager is hereby authorized and directed to sign and the City Clerk, hereby authorized and directed to attest, on behalf of the City of Evanston, Rider No. 1 to the lease for the term of April 1, 2001 through February 28, 2006 between the City and Rebeccah Seely, d/b/a Perennials, Inc., Lessee, allowing Lessee to assign the lease to Patio Inc., the principal shareholder of which is Patricia O'Neill-Cynkar, and providing for certain other lease amendments, all in substantial conformity with the Rider No. 1 attached as Exhibit A and made a part hereof. • SECTION 2: That the City Manager is hereby authorized and directed to negotiate any additional terms and conditions of the aforedescribed lease. SECTION 3: That this Resolution shall be in full force and effect from and after the date of its passage and approval in the manner required by law. Adopted: , 2003 Lorraine H. Morton, Mayor ATTEST: r ity Irk • -2-