Title
Resolution authorizing a lease with JDI Waukegan Limited Partnership for the lease of storage space at 415 Washington Street, Waukegan, Illinois, in the amount of $7,200.
Staff Summary
• There is a need to temporarily store materials currently housed in the Lake County Administrative Tower during remodeling.
• Lake County has a long standing successful relationship with JDI Waukegan Limited Partnership.
• In accordance with the Illinois State Statute 55 ILCS 5/5 - 1083 the County Board Chairman is authorized to enter into this lease agreement.
• Lake County has negotiated favorable terms for a nine month lease in the amount of $0.78 per square foot, totaling $800 monthly.
Body
WHEREAS, there is a need to lease storage space for materials currently housed in the Lake County Administrative Tower due the restacking of the administrative tower; and
WHEREAS, the Department of Finance and Administrative Services has determined that suite 004, consisting of 1,027 square feet can accommodate the temporary storage of said materials; and
WHEREAS, in accordance with the Illinois Statue 55 ILCS 5/5 - 1083 the County Board Chairman is authorized to enter into this lease agreement; and
WHEREAS, the County has been able to negotiate a favorable rate of $0.78 per square foot, for leased space at 415 Washington Street, Waukegan, IL.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the Chairman of the Board be authorized to execute the attached lease for Suite 004 for 1,027 square feet in the amount of $0.78 per square foot totaling $800.00 per month charging the costs thereof to account 101-1103340-82020-000-000-000-00000.
DATED at Waukegan, Illinois, on this April 10, 2012