Title/Name/Summary
Mercedes Benz Change of Ownership
History
On February 4, 2013 the Village Board approved the Incremental Sales Tax Rebate agreement between the Village of Orland Park and Orland Park Motors Cars, Inc. Since this time, the ownership of the dealerships (dba Mercedes-Benz of Orland Park, Smart Center of Orland Park, Smart of Orland Park and Sprinter of Orland Park) has changed, due to the death of Clare Sunderland. A new ownership entity has been formed now - Orland Park Imports, Inc. The same family of Mr. Sunderland still controls the dealerships.
The original agreement was not signed due to the death of Mr. Sunderland and the knowledge that a new ownership entity needed to be put in place. The Village has now received the Articles of Incorporation and the new legal entity information. The attached agreement has been changed to reflect this new ownership. No other changes to the previously approved agreement have been made.
Recommended Action/Motion
I move to approve the attached Incremental Sales Tax Rebate Agreement between the Village of Orland Park and Orland Park Imports, Inc. and authorize the Village President to execute the necessary documents.