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File #: 2012-0259    Version: 0 Name: McHugh Construction - Lease Agreement
Type: MOTION Status: PASSED
File created: 4/28/2012 In control: Board of Trustees
On agenda: 5/7/2012 Final action: 5/7/2012
Title: McHugh Construction - Lease Agreement
Attachments: 1. McHugh Lease Agreement, 2. Signed Lease Agreement

Title

McHugh Construction - Lease Agreement

 

History

McHugh Construction was offered space in the Orland Plaza building as part of the Ravinia Avenue North Extension and the Ninety 7 Fifty construction projects.   They will be operating their field office out of the former Plaza Café space and will be using the Barbershop, Jamarco Salon and Frontier Construction spaces for other offices and material storage.

 

The Village’s attorney drafted the attached signed lease.   McHugh Construction will not pay any rent but is responsible for all utilities.  Because the building is planned to be demolished in the future, the Village is not responsible for any major repairs or replacement due to fire. 


The lease will likely expire in December of 2013.

 

Financial Impact

Tenant is responsible for utilities only.

 

Recommended Action/Motion

I move to approve a lease agreement with McHugh Construction for 9638-9644 143rd Street.

 

And

 

To authorize the Village Manager to execute the agreement.