VILLAGE OF ORLAND PARK - File #: 2011-0240

• File #: 2011-0240
• Version: 0
• Name: Main Street Triangle Phase I - Architecture Engineering Agreement
• Type: MOTION
• Status: PASSED
• File created: 4/12/2011
• In control: Board of Trustees
• On agenda: 4/18/2011
• Final action: 4/18/2011
• Title: Main Street Triangle Phase I - Architecture Engineering Agreement

Date	Ver.	Action By	Action	Result
4/18/2011	0	Board of Trustees	APPROVED	Pass
4/14/2011	0	Development Services Department	INTRODUCED TO BOARD

Title
Main Street Triangle Phase I - Architecture Engineering Agreement

History
Purpose: To execute an agreement between the Village of Orland Park and Metra Triangle FC, LLC to advance architecture and engineering professional services for Phase I of the Main Street Triangle.

Attachments:
Architecture Engineering Agreement
Architect’s Letter
Architecture & Engineering Budget
Design Development Deliverables
RTKL Contract
SpaceCo Contract
Woolpert Contract
Khatib Contract
Samtorono Contract

Summary:
Since early 2009, the Village has been in discussions with Flaherty and Collins (F&C) for the redevelopment of Phase I of the Main Street Triangle. While the Village and F&C have made significant progress in arriving at deal terms for the Phase I development, a redevelopment agreement (RDA) has not yet been finalized.

In order to continue advancing the architectural work necessary for the Phase I development, staff has negotiated a three-party agreement with the developer, F&C (under the LLC named Metra Triangle FC, LLC), and their consultants, including RTKL, SpaceCo, Khatib, Samtorono, and Woolpert (Consultants), allowing the Consultants to continue working toward producing 50% Design Development Drawings. Under the proposed architectural agreement, the Village will advance funding for the architecture and engineering services up to $300,000, while the RDA is finalized. Should the Village and F&C enter into a Board approved RDA, the $300,000 funding will be credited toward the overall project cost. If an RDA is not executed, the Village will be entitled to ownership of all related work product compiled by the consultants. This assures the Village that the work done by RTKL and others is not lost and can be utilized by the Village in the event that agreement is not reached with F&C. All work will be completed with Village guidance to ensure that the design principles necessary for the creation of a dynamic downtown environment are implemented in t...