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Lake County, IL
File #: 14-0398    Version: 1 Name: Parking Lease for 415 Washington Street
Type: resolution Status: Passed
File created: 4/22/2014 In control: Financial & Administrative Committee
On agenda: Final action: 5/13/2014
Title: Resolution executing a one year lease with optional renewals for the lease of 50 parking spaces at the 415 Executive Center, 415 East Washington St., Waukegan, Illinois, for a total annual cost of $18,600.
Title
Resolution executing a one year lease with optional renewals for the lease of 50 parking spaces at the 415 Executive Center, 415 East Washington St., Waukegan, Illinois, for a total annual cost of $18,600.
 
Staff Summary
·      Lake County desires to enter into a one year lease with renewal options for the lease of 50 parking spaces at the 415 Executive Center.
·      As the County shifts from directing incoming jurors from the north to the south campus entry, there is a need for overflow juror parking across the street from the Babcox Justice Center.
·      The parking at 415 Executive Center, which is adjacent to the newly constructed County parking lots, will allow all jurors to travel to and from the same location.
·      The lease will commence as of June 1, 2014 and will continue for one year with renewal options.
·      Lake County will pay $30 per space per month for 50 spaces for a total annual cost of $18,600.
 
Body
WHEREAS, Lake County desires to enter into a one year lease with renewal options for the lease of 50 parking spaces at the 415 Executive Center; and
 
WHEREAS, the current lease will commence as of June 1, 2014 and will continue for one year with options to renew the lease; and
 
WHEREAS, the annual cost of the lease will be $18,600.
 
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the Chairman of the Board is hereby authorized to enter into a one year lease of 50 parking spaces at the 415 Executive Center, Waukegan, IL in the amount of $18,600 to be charged to account #101-1220010-72510.
 
DATED, at WAUKEGAN, ILLINOIS, on May 13, 2014.