Village Looking For Extra Set of Eyes on the Ninety 7 Fifty Site
A recap of the village's committee and board of trustees meeting on Monday, Oct. 3.
U.S. Equities, acting as the owner’s agent—in this case Orland Park and Fifth Third Bank—would be responsible for overseeing preconstruction, construction and close-out management services.
To give the lenders an additional level of control over the project, the duties of U.S. Equities would include design review, construction bid document review, project budget tracking, change order reviews, schedule monitoring and more, according to a village statement.
This ensures that the developer “can’t draw from that escrow fund until our owner’s agent signs off," Village Manager Paul Grimes said. "It really is an extra set of suspenders.”
Village Finance Director Annmarie Mampe noted that the village hired an owner's agent during construction of the new police station.
The Village’s Finance Committee, headed by Trustee Brad O’Halloran, endorsed the contract. It goes before the full village board on Monday, Oct. 17, for vote. If approved, a budget adjustment of $270,427 in the village’s Main Street Triangle TIF Fund is required.
Other notable discussions and resolutions approved at Monday’s committee and board meetings:
- Rick Huff and Dave Withers, owners of Randy’s Market, received $603,149.73 in relocation assistance, as mandated by law and determined by independent appraisers. Neither owner has announced definite plans to reopen, though Withers has expressed interested in establishing a butcher’s shop in Orland Park. The village donated the store's remaining groceries to the township food pantry after the store closed in August.
- As far as the village is concerned, Miroballi Shoes is set to start work on a four-unit, 10,000 square-foot building for the shoe store’s new location on the northwest corner of 144th Place and LaGrange Road. Building plan, permit and impact fees will be waived, as part of an assistance program announced in May.
- The village renewed its water contract with Oak Lawn, agreeing to nine months with an optional three months of purchase. Oak Lawn, which purchases the water from Chicago, estimates that its water system needs $100 million in improvements. Meanwhile, Orland Park and several of its municipal neighbors have hired their own consultants to look into the issue and assist with long-term contract negotiations.
- Contrary to a recent Village Parks and Recreation Department program booklet, geocaching—an outdoor treasure hunt using GPS units or smart phone applications—is permitted in Orland Park.