S-1640 - 01/25/2022 - SPORTS CORE - Ordinances THE VILLAGE OF OAK BROOK
COOK AND DUPAGE COUNTIES, ILLINOIS
ORDINANCE
NUMBER 2022-SC-AG-EX-S-1640
AN ORDINANCE
APPROVING AND AUTHORIZING
THE EXECUTION OF A SHORT-TERM LEASE AGREEMENT
FOR THE PROPERTY COMMONLY REFERRED TO AS
700 OAK BROOK ROAD,
OAK BROOK, ILLINOIS 60523
GOPAL G. LALMALANI, Village President
CHARLOTTE K. PRUSS, Village Clerk
LAURENCE HERMAN
MICHAEL MANZO
JAMES NAGLE
A. SURESH REDDY
EDWARD TIESENGA
ASIF YUSUF
Village Board
Published in pamphlet form by authority of the
President and the Board of Trustees of the Village of Oak Brook
on this the 25th day of January, 2022
ORDINANCE NO. 2022-SC-AG-EX-S-1640
AN ORDINANCE
APPROVING AND AUTHORIZING
THE EXECUTION OF A SHORT-TERM LEASE AGREEMENT
FOR THE PROPERTY COMMONLY REFERRED TO AS
700 OAK BROOK ROAD,
OAK BROOK, ILLINOIS 60523
WHEREAS, the Village of Oak Brook is a municipal corporation organized under and
pursuant to the laws of the State of Illinois with authority provided for and granted pursuant to the
Illinois Municipal Code to exercise certain powers and perform certain functions pertaining to its
local government and affairs;
WHEREAS, the Village of Oak Brook (hereinafter referred to as "Village") upon approval
of the corporate authorities may enter into an Agreement with another party pursuant to Illinois
Statute;
WHEREAS, the Village presently owns title to real property commonly referred to as 700
Oak Brook Road, Oak Brook, Illinois within the Village boundaries and is interested in entering an
agreement to lease said property,-
WHEREAS,
roperty;WHEREAS, the Village pursuant to Illinois Compiled Statutes, 65 ILCS 5/11-76-1 and 65
ILCS 5/11-76-2, may approve pursuant to ordinance the lease of any municipal owned real estate;
WHEREAS, pursuant to the guidelines set forth within 65 ILCS 5/11-76-1 the corporate
authorities may authorize the lease of real estate for a term not to exceed two years in any manner
they deem appropriate; and
WHEREAS, in the opinion of the corporate authorities of the Village of Oak Brook, it is in
the best interests of the Village to enter into a short-term lease agreement for the real estate
referred to herein pursuant to the terms and conditions as referenced herein.
NOW, THEREFORE, BE IT ORDAINED, in open meeting assembled, by the Village
President and Board of Trustees of the Village of Oak Brook, Cook and DuPage Counties, Illinois
as follows:
Section 1 — Recitals
The Corporate Authorities hereby find that all of the recitals hereinbefore stated as
contained in the preamble to the ordinance are full, true and correct and do hereby, by reference,
incorporate and make them part of this ordinance as legislative findings.
Section 2 —Approval of Lease Agreement
The Corporate Authorities of the Village of Oak Brook hereby approve the Short-Term
Lease Agreement a copy of which is attached hereto and made a part hereof as Exhibit A.
2
Section 3—Authorization
The Village President is hereby authorized to execute, and the Village Clerk is hereby
authorized to attest to the Lease Agreement, substantially in the form of such Lease Agreement
which is attached hereto as Exhibit A, with such changes therein as shall be approved by the
Village Attorney and the officials of the Village executing the same, their execution thereof to
constitute exclusive evidence of their approval to any and all changes or revisions therein from
and after the execution and delivery of such Lease Agreement.
Section 4 - Other Actions Authorized
The officers, employees and/or agents of the Village shall take all actions necessary or
reasonably required to carry out and give effect to the intent of this Ordinance and otherwise to
consummate the transactions contemplated herein, and shall take all actions necessary in
conformity therewith including, without limitation, the execution and delivery of all documents
required to be delivered in connection with the transaction contemplated herein.
Section 5 -Acts of Village Officials
That all past, present and future acts and doings of the officials of the Village that are in
conformity with the purpose and intent of this Ordinance are hereby, in all respects, ratified,
approved, authorized and confirmed.
Section 6—Effective Date
This ordinance shall be in full force and effect from and after its passage, approval and
publication as provided by law. The lease shall be fully executed within 14 days of its approval or this
ordinance and the attached lease shall become null and void.
Section 7— Publication
This ordinance shall be published in book or pamphlet form as provided by the Illinois
Municipal Code.
Section 8—Conflict Clause
That all ordinances, parts of ordinances or board actions in conflict with the terms of this
ordinance shall be repealed to the extent of said conflict.
Section 9 — Saving Clause
Any part or parts of this ordinance declared by a court of law to be invalid or
unconstitutional shall not affect the validity of the remaining provisions of this ordinance or the
Oak Brook Municipal Code.
The Remainder of this Page has Intentionally been Left Blank/ Roll Call Vote follows:
3
Section 10—Recording
This ordinance shall be entered into the minutes and upon the journals of the Board of
Trustees of the Village of Oak Brook.
PASSED THIS 25th day of January, 2022.
Ayes: Trustees Herman, Manzo, Nagle, Reddy, Tiesenga, Yusuf
Nays: None
Absent: None
APPROVED THIS 25th day of January, 2022.
Gopal G. Lalmalani
Village President
ATTEST:
Charlotte K. Pruss
Village Clerk
Lr,t
as
G
o� lTYi
4
Exhibit A
Lease Agreement
5