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TO: Mayor Robert J. O'Connor
FROM: Chuck Nelson, Director of Neighborhood Standards
DATE: February 9, 2017
SUBJECT:
A Resolution to authorize the City of Aurora to enter into a new Commercial Lease Agreement with Peter Lo Destro, 17 B Ashe Road, Sugar Grove, IL, 60554, d/b/a Jumpin Java Coffee, for commercial Space at 1090 N. Route 59, Aurora, IL 60504 commonly know as Route 59 Commuter Station.
PURPOSE:
Resolution authorizing the City of Aurora to enter into a new Commercial Lease Agreement with Jumpin Java for the use of a commercial space in the Route 59 Commuter Station. The term of the lease would be for two (2) years.
BACKGROUND:
The City originally entered into a lease agreement with Peter Lo Destro back in 1989 for the operation of a coffee shop in a Commercial Space at the Route 59 Commuter Station. A lease amendment was executed back in 2010, which allowed an extension of the most recent lease. Jumpin Java is currently occupying approximately 448 sq. ft. and operating in a commercial space at the Route 59 Commuter Station.
DISCUSSION:
Approving a new commercial lease would allow Mr. Lo Destro to continue his operation of the coffee shop. The new lease agreement would also continue the City's efforts to standardize our Commercial Leases. Rent for the lease agreement would be $330 per month. In addition, a security deposit of $330 will be paid at the execution of this new lease agreement.
IMPACT STATEMENT:
The approval of this commercial lease agreement would allow for Mr. Lo Destro to continue his operation in a space that would otherwise become vacant.
RECOMMENDATIONS:
To approve entering into a new Commercial Lease Agreement with Mr. Lo Destro for the use of the commercial space at the Route 59 Commuter Station.
cc: Alderman O'Connor, Chairman
Alderman Mervine
Alderman Bohman
Alderman Mesiacos, Alternate
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
title
A Resolution authorizing a new Comme...
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