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TO: Mayor Thomas J. Weisner
FROM: Chuck Nelson, Director of Neighborhood Standards
DATE: July 18, 2016
SUBJECT:
A Resolution to authorize the City of Aurora to amend the existing Commercial Lease Agreement with Enjolique Wilson, 2220 Mayflower Drive, Aurora, IL, 60506 d/b/a Spice Theory, for commercial Space in the Aurora Transportation Center ("ATC").
PURPOSE:
Resolution authorizing the City of Aurora to amend the existing Commercial Lease Agreement with Enjolique Wilson for the addition of a commercial Space in the ATC building.
BACKGROUND:
The City originally entered into a lease agreement with Enjolique Wilson back in 2015 for the use of a commercial space for the operation of Spice Theory. There are currently additional vacant store fronts available for lease. The additional space that Ms. Wilson is interested in leasing is 90 sq. ft.
DISCUSSION:
Amending the current lease agreement, would allow Ms. Wilson to expand her operation of Spice Theory into the adjacent commercial store front that is currently sitting vacant. The amendment would also increase the current monthly rent from $200 to $400 per month. In addition, a security deposit of $400 will be paid at the execution of this amendment to the existing lease agreement.
IMPACT STATEMENT:
The approval of this amendment to the existing lease agreement would allow for Spice Theory to expand their operation into in a space that would otherwise sit vacant.
RECOMMENDATIONS:
To approve amending the current Commercial Lease Agreement with Ms. Wilson to allow for additional use of the adjacent empty store front at the ATC building.
cc: Alderman O'Connor, Chairman
Alderman Mervine
Alderman Bohman
Alderman Mesiacos, Alternate
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
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A Resolution Authorizing an Amendment to the Commercial Lease Agreement with Enjolique Wilson, d/b/a Spice Theory, for Commercial Space in the Aurora Transportation Center.
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