Title/Name/Summary
ORDINANCE APPROVING AND AUTHORIZING EXECUTION OF USE AND INDEMNIFICATION AGREEMENT (METRA WIRELINE EASEMENT FOR BENEFIT OF 9750 ON THE PARK PROJECT)
Body
WHEREAS, a Wireline Easement Agreement between the Village and the Commuter Rail Division of the Regional Transportation Authority (“Metra”) is necessary for the development of the 9750 On The Park Project; and
WHEREAS, the Village is willing to execute such Wireline Easement Agreement, which will allow the installation and maintenance of a wireline across and through Metra property, provided the Project developer, Metra Triangle FC, LLC, bears all expenses in connection with such wireline and easement and, further, agrees to indemnify the Village with respect to all obligations under said Wireline Easement Agreement;
NOW, THEREFORE, BE IT ORDAINED by the Village President and Board of Trustees of the Village of Orland Park, Cook and Will Counties, Illinois, that the “USE AND INDEMNIFICATION AGREEMENT” between the Village and Metra Triangle FC, LLC, is hereby approved in the form attached hereto as Exhibit “A” and the Village Manager is hereby authorized and directed to execute said USE AND INDEMNIFICATION AGREEMENT on behalf of the Village.