Agenda Item
Meeting Date: 10/16/2017 - 6:30 PM
Type: Action
Subject: Approval of a Resolution Regarding Extension of 11th and Converse Parking Lot Lease
Strategic Plans:
File Attachment:
Approved in original budget or revised budget
Funds currently available in specified line item
If not currently available in line item, where are funds available
Resolution: WHEREAS, the District owns real estate at 11th and Converse Avenue, Springfield, Illinois; and

WHEREAS, such real estate is improved with 485 surface parking spaces; and

WHEREAS, the Illinois Department of Central Management Services (CMS) desires to extend its current lease of such parking spaces from December 1, 2017, through November 30, 2022;

NOW THEREFORE BE IT RESOLVED that the Superintendent is hereby authorized and directed to execute an extension of the parking lease with CMS for a term commencing December 1, 2017, and continuing through November 30, 2022, whereby CMS shall pay the District rent in the amount of $2,299 per month for a total rental sum of $137,940.
Recommended By:
Signed By:
Joseph Bascio - Business Manager
Signed By:
Jennifer E. Gill - Superintendent