Title
Joint resolution accepting an amendment to the lease with the College of Lake County (CLC) for 9,665 square feet of office space for Lake County Workforce Development and 25 parking spaces located in the parking garage of the College of Lake County Waukegan campus.
Staff Summary
• Lake County Workforce Development has leased 9,665 square feet of office space from the CLC at their Waukegan campus since 2004 and currently operates on a month-to-month basis with an annual Consumer Price Index (CPI) increase occurring on July 1, 2023.
• Since 2016, the Workforce Development has incurred the additional cost to lease 33 parking spaces located in the parking garage of the CLC Waukegan campus.
• The parties have negotiated an amendment to the existing lease agreement that holds the monthly payment fixed at the July 2022 rate of $15,108.44 per month, removes the additional cost for the use of parking at 30 N. Sheridan Road, and reduces the number of assigned parking spaces from 33 to 25.
• This amendment reduces the overall cost of the remaining term of the lease by $34,650.
• This resolution authorizes the Lake County Board Chair to countersign the Addendum to Memorandum of Understanding between Community College District No. 532 and Lake County.
Body
RESOLUTION
WHEREAS, The Lake County Workforce Development is currently located at 1 N. Genesee Street, Waukegan, Illinois; and
WHEREAS, Lake County Workforce Development has leased 9,665 square feet of office space from the College of Lake County (CLC) at their Waukegan campus since 2004 and currently operates on a month-to-month basis with an annual CPI increase occurring on July 1, 2023; and
WHEREAS, since 2016, Workforce Development has incurred the additional cost to lease 33 parking spaces located in the parking garage of the CLC Waukegan campus; and
WHEREAS, the Parties have negotiated an amendment to the existing lease agreement that holds the monthly payment fixed at the July 2022 rate of $15,108.44 per month, removes the additional cost for the use of parking at 30 N. Sheridan Road, and reduces the number of assigned parking spaces from 33 to 25; and
WHEREAS, this amendment reduces the overall cost of the remaining term of the lease by $34,650.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the Chair of the Board is hereby authorized to countersign the Addendum to Memorandum of Understanding between Community College District No. 532 and Lake County, a copy of which is attached hereto and made a part hereof.
DATED, at Waukegan, Illinois, May 9, 2023.