Title/Name/Summary
Approval of Tenant Relocation Claim for Demo Enterprises, Inc. , d/b/a Plaza Café, located at 9642 W. 143rd Street
History
As part of the acquisition of the Orland Plaza, the Village of Orland Park is required to pay for relocation costs for affected businesses. The Village follows regulations in accordance with the Uniform Relocation and Real Property Acquisition Policies Act of 1970. The Village has finalized the estimated relocation costs for the Demo Enterprises, Inc., d/b/a Plaza Café, which is located at 9642 W. 143rd Street. The Plaza Café, is relocating to 5273-75 W. 95th Street, in Oak Lawn, Illinois. The owner, Tom Demacopoulos, has indicated his intentions to reopen a new establishment in Orland Park, preferably within the Main Street Project, once the project is farther along.
Based upon documentation received from Annette Favia, the Village’s relocation consultant, Plaza Café is eligible for a total relocation payment of $105,805. Mr. Demacopoulos has requested payment under the undocumented self-move provision of the Act (a)(2)(i). Please note this estimated payment does not include additional eligible costs for replacement printing, reasonable and necessary professional services, search fees not to exceed $2,500 and tenant build out not to exceed $10,000. These additional amounts, if applicable, will be added upon receiving actual documentation to support such costs.
Financial Impact
Funds for this expenditure are budgeted in the Main Street Triangle TIF Fund.
Recommended Action/Motion
I move to approve the estimated total relocation payment in the amount of $105,805 plus additional eligible costs for replacement printing, reasonable and necessary professional services, search fees not to exceed $2,500 and tenant build out not to exceed $10,000 - provided such documentation is provided.