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CHICAGO (COOK COUNTY)contract

Property Lease Agreement: Yards Plaza, LLC

Original title: Contract 17062: YARDS PLAZA, LLC — PROPERTY LEASE (Chicago, IL)

February 3, 2009

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The Frame

What this does

This contract commits $147,000 in city funds to Yards Plaza, LLC for property leasing purposes.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Yards Plaza, LLC

The entity receives $147,000 in exchange for property leasing services provided to the City of Chicago.

City of Chicago taxpayers

Taxpayer funds are allocated to fulfill the $147,000 payment obligation under this lease agreement.

What changed

Last recorded activity February 3, 2009.

What's next

Next step not available in the current record.

Summary

This document records a property lease agreement between the City of Chicago and Yards Plaza, LLC. The contract, numbered 17062, was approved on February 3, 2009, for a total of $147,000.

Key Facts

  • The contract is identified as number 17062.
  • The total award amount for the lease is $147,000.
  • The contract was officially approved on February 3, 2009.
  • The vendor is Yards Plaza, LLC.
  • The vendor's contact address is managed by Edgemark Asset Mangt. LLC in Oak Brook, IL.
  • The contract type is a property lease, specifically referenced as L-19043.

Why It Matters

This contract commits $147,000 in city funds to Yards Plaza, LLC for property leasing purposes.

Frequently Asked Questions

Who is the vendor for this lease?
The is Yards Plaza, LLC, with management services provided by Edgemark Asset Mangt. LLC.
How much is the city paying for this lease?
The total for the contract is $147,000.

News Coverage

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Connected Entities

organizationYards Plaza, LLCThe vendor and lessor for the property contract.Map →
organizationEdgemark Asset Mangt. LLCThe management company listed for the vendor's address in Oak Brook, IL.Map →
locationChicago, ILThe jurisdiction entering into the lease agreement.Map →

Sources

Open source document

data.cityofchicago.org

Analysis Score

0–100
  • Significance30
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz5
    Current news / social attention level

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