HomeMy WebLinkAboutORDINANCES-1980-127-O-80Ll
12/3/80
127-0-80
AN ORDINANCE
Authorizing the Lease of 2603 Sheridan Road
to the Evanston Arts Center
WHEREAS, it is appropriate and in the best interests of the City
of Evanston to encourage the operation of a comprehensive community art and
cultural center; and
WHEREAS, the City of Evanston has leased since 1966 the property
located at 2603 Sheridan Road for the above purposes to the Evanston Art
Center, an Illinois not -for -profit corporation; and
WHEREAS, said existing lease expires on December 31, 1980; and
WHEREAS, it has been determined that it is in the best interest
of the City to continue the operation of a comprehensive art and cultural
center at 2603 Sheridan Road.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF EVANSTON, COOK COUNTY, ILLINOIS that
SECTION 1: The City Manager is authorized and directed to enter
into a lease for the property commonly known as 2603
Sheridan Road and legally described as
Lot 10 and 11 of Block 5 of Brown's
Lake Grove addition to Evanston, a
subdivision of part of Lots 35 to 38.
in Baxter's share of the South Section
of Quilmette, also parts of Lots 23 to
25 in George Smith's Subdivision of the
South part of Quilmette Reserve in
Township.42 North, Range 13, East of
the Third Principal Meridian in Cook
County, Illinois, commonly known as
2603 Sheridan Road, Evanston, Illinois
• in accordance with a negotiated agreement with the Evanston Arts Center
that such rental shall be for a period of fifteen (15) years on the follow-
ing terms:
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127-0-80
12/ 3/ 80
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a. that for the year 1981 the Evanston Arts Center shall pay 70%
I� of the operational costs of the leased premises and $1.00 as
annual rent.
�! b. that for the year 1982 the Evanston Arts Center shall pay 80%
j; of the operational costs of the leased premises and $1.00 as
!, annual rent.
C. that for the year 1983 the Evanston Arts Center shall pay 90%
of the operational costs of said premises, and $1.00 as annual
;! rent.
d. That commencing in 1984 and throughout the remaining term of the
lease the Evanston Arts Center shall pay 100% of the operational
costs of the leased premises, and $1.00 as annual rent.
i SECTION 2: All ordinances or parts of ordinances in conflict
herewith are hereby repealed.
I� SECTION 3: This ordinance shall be in full force and effect
from and after its passage, approval, and publication
�j in the manner provided by law.
ii
Introduced 1980
` Adopted 10rw / 1980
Approved 1980
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ATTEST:
City Clek
" Approved as to form:
i Corporation Counsel
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