Title/Name/Summary
SB Friedman Proposal - Main Street Triangle - 2024
History
The Village is in the process of negotiating a redevelopment agreement with Edwards Realty in order to complete the development of the Main Street Triangle / Downtown Orland Park. SB Friedman has been an integral part of the Village team thus far and staff is looking forward to working with them in the future.
SB Friedman does extensive economic development consulting throughout the State and Chicago region. The key areas of work are attached. With approval of this contract SB will continue to be the Village financial and TIF consultant for 2024 for Downtown Orland Park.
Financial Impact
Funding is available in 3100000 432800.
Recommended Action/Motion
I move to approve a contract with SB Friedman in the amount not to exceed $40,000, as outlined;
AND
Authorize the Village Manager to execute all related contracts, subject to Village Attorney review.