Submitted By
Tammie Grossman, Director Development Customer Services
Reviewed By
LKS
Agenda Item Title
Title
Motion to Direct Staff to Issue a Request for Proposals for the Purchase of Village Owned Property located at 2-10 Chicago Avenue, Oak Park, Illinois, Consistent with the Recommendations of the Oak Park Economic Development Corporation (Oak Park EDC).
End
Overview
Overview
The purpose of the Request for Proposals (RFP) is to solicit development interest in the Village owned property located at 2-10 Chicago Avenue, Oak Park.
Body
Staff Recommendation
Direct staff to release the Request for Proposals
Fiscal Impact
The Oak Park EDC will provide a financial analysis of any proposals received.
Background
The Village is interested in seeking offers from parties interested in the purchase of the Village owned property at 2-10 Chicago Avenue for the purpose of creating an active street presence on that corner.
Alternatives
Refer the matter back to the Oak Park EDC for additional information and/or further review.
Previous Board Action
This matter is before the Board for the first time.
Citizen Advisory Commission Action
N/A.
Anticipated Future Actions/Commitments
If the motion is approved, staff will release the attached RFP in substantially the same form.
Intergovernmental Cooperation Opportunities
N/A.
Performance Management (MAP) Alignment
A governance priority for the Development Customer Service Department is Economic Development Management.