Title/Name/Summary
University of Chicago Medical Center (UCMC) Letter of Intent Extension
History
The Village of Orland Park and University of Chicago Medical Center (UCMC) continues to work collaboratively on the development of their medical office project within the Village's downtown. Both parties are currently working on finalization of due diligence, lease terms and final site plans/engineering/elevations. As such, it is necessary to extend the Letter of Intent until April 1, 2015.
Recommended Action/Motion
I move to approve the extension of the Letter of Intent with the University of Chicago Medical Center until April 1, 2015.