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HomeMy WebLinkAboutRes 10-17 05/02/2017 Lease Agreement between VOMP and Capannari, Inc.RESOLUTION NO. 10-17 A RESOLUTION AUTHORIZING THE EXECUTION OF A LEASE AGREEMENT BETWEEN THE VILLAGE OF MOUNT PROSPECT AND CAPANNARI, INC. (CAPANNARI ICE CREAM) 10 SOUTH PINE STREET WHEREAS, the Village of Mount Prospect is the owner of property at 10 South Pine Street; and WHEREAS, the Village of Mount Prospect is desirous of entering into a Lease Agreement with Capannari, Inc. (Capannari Ice Cream) in the former Downtown General Store located at 10 South Pine Street; and WHEREAS, such agreement will provide for the operation of a retail food establishment in the referenced General Store that will benefit the citizens of Mount Prospect; and NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That the Mayor and Board of Trustees of the Village of Mount Prospect do hereby authorize execution of a Lease Agreement between Capannari Inc.,(Capannari Ice Cream) and the Village of Mount Prospect for the purpose of permitting an ice cream parlor to be located within the structure at 10 South Pine Street in Mount Prospect, and said Lease shall be for a period of five (5) years, with a subsequent five (5) year option if mutually agreed by both parties, as set forth in the Lease, a copy of which is attached hereto and hereby made a part hereof as Exhibit "A." SECTION TWO: This Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Hatzis, Hoefert, Grossi, Rogers, Saccotelli, Zadel NAYS: None ABSENT: None PASSED and APPROVED this 2 d day of May, 2017 0, A Arlene A. Juracek Mayor ATTEST: a Karen M. Agoran Village Clerk