Notice of Event Contract Transfer In Chicago

Asking Price: $80,000

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Notice of Event Contract Transfer In Chicago


Asking Price: $80,000

Asset Sale Description
Date Range: June 12 to June 14

Location: Chicago Central Business District (CBD)

Status: Available for Assignment

Administrative Overview: This offering pertains to the formal transfer of an executed event contract for a designated municipal outdoor space within the Chicago park system. The agreement covers site occupancy and operational parameters for the period of June 12 through June 14.

The transfer includes all established provisions regarding:

Perimeter Control Protocols: Existing specifications for site security and boundary management.

Waste Management Requirements: Strict adherence to municipal sanitation and refuse removal schedules.

Logistical Utility Easements: Access to onsite utilities and infrastructure as dictated by the original permit.

Fee Structures: All pre-calculated municipal costs and standard city-mandated assessment fees already codified in the agreement.

This is a technical assignment of rights. It is intended for entities capable of maintaining the existing logistical infrastructure and compliance standards required for urban operations of this scale.

Contingencies and Provisions:

Venue Approval: Any proposed assignment of rights is strictly subject to final approval by the venue management and relevant municipal authorities.

Legal Oversight: All final documentation and the execution of the contract transfer must be processed through the Sellers legal counsel. The Transferee is required to comply with the intake and verification procedures as established by the Sellers attorney of record.

Financial Terms and Obligations
Total Venue Fee Allocation: $80,000.00

Payment Structure:

Initial Retainer: $5,000.00 non-refundable administrative deposit, payable to the Seller upon execution of the transfer intent.

Remaining Balance: $75,000.00 to be remitted directly to the venues designated accounts receivable department according to their internal billing schedule.

Exclusions and Limitations:

Permitting: This transfer does not include municipal permits, health department clearances, or noise variance authorizations. All such regulatory filings remain the sole responsibility of the Transferee.

Logistical Infrastructure: The fee covers site access only. It does not include physical infrastructure, including but not limited to: staging, power distribution, sanitation units, fencing, or temporary structures.

Operational Overhead: All secondary costs related to site load-in, load-out, and restoration are excluded from the baseline venue fee.
Listing Info
ID
2483363
Listing Views
7

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Listing ID: 2483363 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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