Title
Orland Park Business Center Completion - 11501 West 183rd Street
History
On October 27, 2009, Staff recommended that the Letter of Credit presented to the Village by OP Business Center LLC to provide financial security to the Village for the satisfactory completion of Public Improvements included in the Orland Park Business Center development be fully drawn upon for the remaining value of $482,378. This request was presented to Bridgeview Bank; however, the funds were not released by the Bank for reasons unknown to the Village.
In the spring of 2010, in an effort to complete the project and avoid the Letter of Credit draw, the developer requested an opportunity to continue work. The Village agreed and allowed the developer to complete an additional $160,595 worth of work. Despite numerous subsequent promises, no further work was performed by the developer toward completion of the Public Improvements.
On June 8, 2010, funds totaling $321,783 were received by the Village to complete the outstanding Public Improvements. During late June, Staff received a request from the developer’s construction manger (John Charles Midwest Inc.) to meet and discuss work remaining on the project and their ability to assist the Village in the completion of the project by providing construction management and oversight services .
Following that meeting, Staff directed John Charles Midwest to prepare and present a comprehensive all-inclusive proposal for the completion of the remaining Public Improvements for the Orland Park Business Center. The contractor was told that their proposal must include all items specified on the approved plans and that the cost, including construction management fees, could not exceed the value of the funds drawn out of the Letter of Credit and received by the Village.
On July 26, 2010, Staff received and reviewed a revised proposal from John Charles Midwest. As presented, all work remaining is included in their July 26, 2010, proposal except for a section of sidewalk approximately 700 feet long bordering the detention facility within the development. The contractor is refining his original proposal to include this section.
It is our recommendation that the proposal upon final revision by John Charles Midwest for the completion of the remaining Public Improvements required in the Orland Park Business Center be accepted.
This item went before the Public Works and Engineering Committee tonight at 6:00 PM for consideration prior to being advanced to tonight's Board of Trustees meeting to expedite consideration due to the volatility of the price of asphalt.
Financial Impact
Funds for the proposed completion work have been provided in the Letter of Credit previously discussed and on deposit with the Village.
Recommended Action/Motion
I move to approve authorizing the Village Manager to execute an agreement with John Charles Midwest, Inc. in an amount not to exceed $321,783 for the completion of the public improvements associated with the development known and recorded as Orland Park Business Center.