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HomeMy WebLinkAbout02-279 Resolution No. 02-279 RESOLUTION AUTHORIZING EXECUTION OF A LEASE AGREEMENT WITH U-46 SCHOOL DISTRICT (1555 Larkin Avenue) BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that Olufemi Folarin, Interim City Manager, and Dolonna Mecum, City Clerk, be and are hereby respectively authorized and directed to execute a written lease agreement with U-46 School District for the premises commonly known as 1555 Larkin Avenue, Elgin, Illinois, a copy of which is attached hereto and made a part hereof by reference . s/ Ed Schock Ed Schock, Mayor Presented: July 24, 2002 Adopted: July 24, 2002 Vote: Yeas : 7 Nays : 0 Attest : s/ Dolonna Mecum Dolonna Mecum, City Clerk AMENDMENT TO LEASE THIS AMENDMENT TO LEASE entered into this S7// day of ,4 U Gb , 2002, by and between the City of Elgin, an Illinois municipal corporation, (hereinafter referred to as the "City") and U-46 SCHOOL DISTRICT, a Unit School District organized under the statutes of the State of Illinois, (hereinafter referred to as the "School District") . WHEREAS, the City and the School District have previously entered into a lease dated July 13, 1992, whereby the City is leasing to the School District the city-owned property commonly known as 1555 Larkin Avenue, Elgin, Illinois (hereinafter referred to as the "Subject Lease") ; and WHEREAS, the term of the Subject Lease expires and terminates on July 31, 2002; and WHEREAS, the City and the School District desire to enter into an amendment to the Subject Lease to extend the term of the lease three months from the current termination date of July 31, 2002 until October 31, 2002. NOW, THEREFORE, for and in consideration of the mutual undertakings as set forth herein, and other good and valuable consideration, the receipt and sufficiency of which of which is hereby acknowledged, the parties hereto agree as follows: 1. That the City and the School District agree that the term of the Subject Lease dated July 13, 1992, fof° the property at 1555 Larkin Avenue, Elgin, Illinois, between the City and the School District is hereby extended from the current termination date of July 31, 2002, until October 31, 2002. 2. That except for the three month extension to the term of the Subject Lease as provided for in this Amendment to Lease the remaining provisions of the Subject Lease between the City and the School District shall remain unaffected and in full force and effect. IN WITNESS WHEREOF, the parties hereto have entered into and executed this Amendment to Lease on the date and year first written above. CITY OF ELGIN By City Manage. �' Attest: Old 4 - Ii City Clerk SCHOOL DISTRICT 46, KANE, COOK DUPAGE COUNTIES By ` , • u /4-2 Pr id nt rch B a d f E u ation At t C (T. 4;/ \ Secretary F:\Legal Dept\Agreement\Lease-U-46-1555 Larkin Av-WAC.doc RESOLUTION AUTHORIZING EXECUTION OF A LEASE AGREEMENT ( 1555 Larkin Avenue) BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that Larry L. Rice, City Manager, and Dolonna Mecum, City Clerk, be and are hereby respectively authorized and directed to execute a written lease agreement with U-46 School District for the premises commonly known as 1555 Larkin Avenue, Elgin, Illinois, a copy of which is attached hereto and made a part hereof by reference. s/ George VanDeVoorde George VanDeVoorde, Mayor Presented: July 22, 1992 Adopted: July 22 , 1992 Vote: Yeas 5 Nays 0 Recorded: Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk Lx.,(__etL (‘) , 1.Ai.gyp, ,� �1 41/41.- RAI C Preopojr4t,a ; 1+t5