AGREEMENT BETWEEN THE COUNTY OF DU PAGE, ILLINOIS
AND THE DU PAGE COUNTY EMPLOYEES' CREDIT UNION
FOR LEASE OF SPACE AT THE JTK ADMINISTRATION BUILDING
AND ATM OPERATION AT THE SHERIFF'S OFFICE
WHEREAS, the County of DuPage ("County") operates and maintains various buildings at the County's seat of government ("DuPage County Government Complex") in accordance with the authority granted by the Illinois Compiled Statutes, Chapter 55, paragraphs 5/5-1108 (55 ILCS 5/5-1108), including the Jack T. Knuepfer ("JTK") Administration Building and the DuPage County Sheriff's Office; and
WHEREAS, the County is authorized to lease real or personal property owned by the County pursuant to the Illinois Compiled Statutes, Chapter 55, paragraph 5/5-1005, subsection 2 (55 ILCS 5/5-1005(2)); and
WHEREAS, the DuPage County Employees' Credit Union ("Credit Union") is a member-owned not-for-profit financial cooperative chartered under the laws of the State of Illinois and providing financial services to employees of the County; and
WHEREAS, the County and Credit Union have previously entered into agreements for the lease of office space at the Jack T. Knuepfer Administration Building by the Credit Union to serve employees of the County (the County and Credit Union sometimes, collectively, being the "Parties" or, individually, a "Party"); and
WHEREAS, the County has further authorized the Credit Union, pursuant to said lease agreements, to locate and operate an automated teller machine ("ATM") in the Sheriff's Office at 501 N. County Farm Road; and
WHEREAS, the current lease agreement is nearing its expiration and the Parties desire to enter into a new lease agreement for the aforesaid office space and an ATM location at the DuPage County Government Complex, specifically described in and subject to terms and conditions of the attached Lease agreement; and
WHEREAS, it is in the best interests of the County to en...
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