Title/Name/Summary
Extension of Ground Lease Letter of Intent with University of Chicago Medical Center
History
The Village is currently working with the University of Chicago Medical Center (UCMC) on the lease agreement for their proposed medical project to be located within Orland Park’s Downtown area. As these discussions are still on-going it is necessary to extend the Letter of Intent with UCMC for another 90 days.
Recommended Action/Motion
I move to approve a 90 day extension of the Ground Lease Letter of Intent between the Village of Orland Park and the University of Chicago Medical Center.