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HomeMy WebLinkAboutSublease Agreement of Property at Green Bay Road and Central Street.pdfSUBLEASE ASSIGNMENT THIS SUBLEASE ASSIGNMENT entered into this 4q day of k t 2012, by and between the City of Evanston, Illinois ("Sublessor"), Top of the Tracks, Inc. ("Sublessee"), and SEG Cafe, LLC, successor in interest to Sublessee ("Assignee") (collectively, the "Parties"). WHEREAS, Sublessee is Sublessee and Sublessor is Sublessor tinder a certain Sublease Agreement originally between Top of the Tracks, Ine. and the City of Evanston dated September 15, 2010 respecting certain real property located at the intersection of Central Street and Green Bay Road, Evanston, Illinois; and WHEREAS, Section 19 of said Sublease prohibits Sublessee from assigning its sublease without consent of Sublessor's City Council; and WHEREAS, Sublessor's City Council gave its consent pursuant to Resolution 68-R-12, adopted the 0 day of Vie. , 2012; and WHEREAS, the Parties wish for Assignee to assume Sublessee's rights, responsibilities, and privileges pursuant to the Sublease, NOW, THEREFORE, for good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: Assignee hereby assumes all of Sublessee's rights, responsibilities, and privileges pursuant to the Sublease. 2. All other terms and conditions of the Sublease shall remain in full force and effect. 3. All notices or demands required or permitted to be given or served pursuant to this Sublease Assignment shall be deemed to have been given or served only if in writing forwarded by (a) hand delivery, (b) certified mail, postage prepaid, or (c) overnight courier, and addressed as follows: To Sublessor: City of Evanston 2100 Ridge Avenue Evanston, IL 60201 ATTN: Director, PROS To Assignee: SEG Caf6, LLC 2617 Hurd Avenue Evanston, IL 60201 ATTN: Gail Doeff With a copy to: City of Evanston 2100 Ridge Avenue Evanston, IL 60201 ATTN: Corporation Counsel IN WITNESS WHEREOF, the Parties have caused this Sublease Assignment to be duly executed as of the last date written below. City of Evanston By: ✓�1/tre-"-- e Name: Wally Bo ° wiz Title: City anger Dater SEG Cafd, LLC BY: 14 Name: Title:t ✓� Date: d d, 12, f W Z Top of the Tracks, Inc. Name: Mary Smith Title: President Date: