Public Higher Education Bulletin

Northern Illinois University

RFI #bjm120834

Request for Information: Real Property Lease

Renewal Info

Published Thursday July 28, 2016

Renewal entered into with:

Lessor: Shephard, Chuck J.
Amount: $436,000
Renewal: 1st of 1, 9/29/2016 through 6/30/2021

Pricing Changes:

None

Service/Product Changes:

None

Potential Future Renewals: None

Comments: In accordance with 30ILCS500/40-25(b), Northern Illinois University wishes to execute the option to renew its lease at 215 N. 4th. Street, DeKalb, IL 60115, which was procured by RFI BJM120834. The option to renew is for one five (5) year term. The rental rate is $7.08 per square foot for years one through three and $7.29 per square foot for years four and five. The lease rate is a gross amount.

Lease was awarded to Charles J. Shepard and Lynn A. Shepard. Award was published April 6, 2011. Lease term began on July 1, 2011 until June 30, 2016; was extended via emergency purchase until September 28, 2016; and will be extended until June 30, 2021 pursuant to the most recent renewal. The lease includes one (1), five (5) year renewal option.

The buyer for this procurement is now Kent Clapsaddle, (815) 753-6107.

The State Purchasing Officer for this procurement is now Pamela Amoako.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

Award Info Published Wednesday April 6, 2011

Awarded to:

Lessor: Shephard, Chuck J., Sycamore, IL
Address of Leased Space: 215 N. 4th Street, DeKalb, IL
Size of Leased Space: 12,800 sq. ft.
Amount: $479,940
Terms: Multi-year transaction

Lease Begin Date: 7/1/2011

Lease End Date: 6/30/2016

Duration: 5 years

Renewals:

1 five-year

Number of unsuccessful, responsive bidders: 1

Comments:

Low bid did not provide adequate maintenance of facilities, lacked adequate areas in regards to the functionality of the program, and did not offer public frontage that the University was looking for.

The University award process may be delayed up to thirty days as this award goes through a state approval process.

First published Thursday, February 10, 2011

Responses will be accepted at the address below until 2:00 PM, Tuesday March 1, 2011:

Purchasing Office
Lowden Hall, Room 107
DeKalb, IL 60115-2870

The University wishes to lease art studio and gallery space located at a radius of 1.5 miles of downtown DeKalb for a period of 5-10 years. This property will be used for art student studio space.

This space will be used for, but not limited to, painting, welding, ceramics, resins and woodworking.

For additional information, contact:

Becky May
Northern Ilinois University
Office of Procurement Services
Lowden Hall, Room 107
DeKalb, IL 60115-2828
Phone: (815) 753-1594
FAX: (815) 753-6800

This transaction is subject to the State Board of Elections registration and certification requirements of Public Act 095-0971.

The State of Illinois has a policy to encourage prospective vendors to hire qualified veterans, minorities, females, persons with disabilities and ex-offenders.

Bulletin Navigation

https://www.procure.stateuniv.state.il.us