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AUTHORIZING A LEASE AGREEMENT WITH THE ADMINISTRATIVE OFFICE OF THE ILLINOIS COURTS FOR SPACE IN THE THIRD STREET COURTHOUSE FOR THE SIXTEENTH CIRCUIT ARBITRATION CENTER AND AUTHORIZING EXECUTION OF THE REAL ESTATE LEASE FORM DISCLOSURE STATEMENT
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WHEREAS, the Kane County Board, by Resolution No. 24-184, authorized an amendment to the existing intergovernmental agreement and lease with the Supreme Court of Illinois for the Sixteenth Circuit Arbitration Center at the Kane County Courthouse, 100 South Third Street, Geneva, Illinois, for the period ending December 31, 2026; and
WHEREAS, the Administrative Office of the Illinois Courts, on behalf of the State of Illinois, and Kane County propose to enter into a new five-year lease for Rooms 431, 432, 433, and 435, consisting of approximately 583 rentable square feet on the fourth floor of the Kane County Courthouse, with access to Room 430 or comparable space for an additional hearing room when needed; and
WHEREAS, the proposed lease term is January 1, 2027, through December 31, 2031, with gross rent of Eight Hundred Eighty-Two Dollars and Twenty-Seven Cents ($882.27) per month, or Ten Thousand Five Hundred Eighty-Seven Dollars and Twenty-Four Cents ($10,587.24) annually, for a scheduled five-year total of Fifty-Two Thousand Nine Hundred Thirty-Six Dollars and Twenty Cents ($52,936.20), subject to the provisions of the lease; and
WHEREAS, the proposed lease incorporates an Ownership Disclosure as Exhibit B, the Real Estate Lease Form Disclosure Statement, which must be completed and executed by the County as Lessor; and
WHEREAS, the Kane County Board finds that continued use of the space for the Sixteenth Circuit Arbitration Center serves the administration of justice and is in the best interests of Kane County; and
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that the County Board Chair is hereby authorized and directed, on behalf of Kane County, to execute the Lease Agreement for Office ...
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