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TO: Mayor Richard C. Irvin
FROM: Patrick J. Collins, Assistant Corporation Counsel
DATE: February 12, 2024
SUBJECT:
A Resolution Authorizing the Approval and Execution of a Lease Agreement between the City of Aurora and Mark Radina & Archetype Stained Glass for the Lease of Office Space and Art Studio of a City-owned Building located at 7 South Broadway, Aurora, Illinois 60505.
PURPOSE:
The purpose of this request is to fill a currently partially vacant building owned by the City of Aurora.
BACKGROUND:
Mark Radina & Archetype Stained Glass was a sub-tenant for 3-plus years of the City’s previous tenant, Gary Brown. Since Gary Brown terminated his lease with the City, Mark Radina & Archetype Stained Glass have been a holdover tenant. This lease solidifies the good working relationship the City has with Mr. Radina & Archetype Stained Glass.
DISCUSSION:
The proposed lease has a month-to-month term and affords the City and Mark Radina & Archetype Stained Glass the desired flexibility. Rent will be $400 per month, along with Special Service Area contributions and real estate taxes.
IMPACT STATEMENT:
Approval of this resolution will provide a modest source of revenue and have the ancillary benefit of creating a positive impact on the downtown and community by bringing new businesses, people and opportunities.
RECOMMENDATIONS:
It is recommended that the lease between the City of Aurora and Mark Radina & Archetype Stained Glass for the city-owned property located at 7 South Broadway be approved.
cc: Finance Committee
Alderman Carl Franco, Chairperson
Alderman Edward J. Bugg, Vice Chairperson
Alderman Ron Woerman
Alderwoman Shweta Baid
Alderman Brandon Tolliver
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
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A Resolution Authorizing the Execution of a Lease Agreement with Mark Radina & Archetype Stained Glass for the Lease of Office Space and Art Studio at 7 South Broadway in Aurora.
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WHEREAS, the City of Aurora has a population of more than 25,000 persons and is, therefore, a home rule unit under subsection (a) of Section 6 of Article VII of the Illinois Constitution of 1970; and
WHEREAS, subject to said Section, a home rule unit may exercise any power and perform any function pertaining to its government and affairs for the protection of the public health, safety, morals, and welfare; and
WHEREAS, the City owns a building located at 7 South Broadway, Aurora Illinois, 60505; and
WHEREAS, Mark Radina & Archetype Stained Glass desires to locate the art studio, office, and conduct business in Aurora; and
WHEREAS, the parties have negotiated a lease agreement for the use of said studio and facility
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Aurora, Illinois, as follows: that the attached Lease Agreement between the City of Aurora, Illinois and Mark Radina & Archetype Stained Glass shall be and hereby is approved; and further
BE IT RESOLVED; that the Mayor and City Clerk are authorized to execute the Lease Agreement provided in Exhibit A attached hereto and made a part thereof, and deliver the same to Mark Radina & Archetype Stained Glass.