Title/Name/Summary
Memorandum of Agreement with Stellwagen Family
History
QUICKFACTS
Project
Stellwagen Farm Transition
Purpose
The purpose of this Memorandum of Agreement is to extend the property transition period that was outlined in the 2002 purchase agreement for Stellwagen Farm.
OVERVIEW AND BACKGROUND
The Stellwagen Farm purchase agreement established an 18-month transition period following the passing of Mr. Harwood Stellwagen that allowed the Stellwagen family to remove personal items and belongings from the property before the buildings were transferred to Village control.
Mr. Harwood Stellwagen died on June 8, 2011 making December 8, 2012 the final day of the 18 month transition period.
The Stellwagen family has requested that the transition period be extended until December 31, 2013 to provide additional time to remove personal belongings and make the necessary building repairs etc.
DISCUSSION
Extending the date to December 31, 2013 will not impact any Village or Stellwagen Family Farm Foundation plans for the property.
The postponed transition will have a minimal fiscal impact to the Village as it will offset utility and maintenance costs for one more year, which will be paid by the Stellwagen family. On January 1, 2014, the Village will assume full fiscal and physical responsibility of the farmstead.
This case is now before the Village Board of Trustees for consideration.
Recommended Action/Motion
I move to approve the Memorandum of Agreement between the Stellwagen family and the Village of Orland Park for the extension of the transition period until December 31, 2013.