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PROPOSED AGREEMENT
Vendor: Village of Willow Springs, Sarah Halladay, Sarah's Family Riding Center, Sarah's Pony Rides, Eugene Halladay, The Eugene Halladay Trust, Willows Springs, Illinois
Request: Requesting authorization for the Forest Preserves of Cook County (the "Forest Preserves") to enter into a parking agreement
Reason: The Forest Preserves currently owns an approximately 9,450 square foot gravel lot in Buffalo Woods directly between the properties owned by Sarah's Pony Rides and The Eugene Halladay Trust on South Kean Avenue in Willow Springs. These owners that are located directly North and South of the gravel lot are seeking authorization to utilize the gravel lot for patron parking, school bus drop-offs for various programs involving special needs individuals, truck/trailer loading and unloading, and access to a nearby rustic trail. The proposed multi-party agreement would allow for this nonexclusive parking, access, and maintenance by these property owners after the payment of the parking permit fees below. The agreement also covers parking access for the following entities/persons: Sarah Halladay, Sarah's Family Riding Center and Eugene Halladay. It would also require the Village of Willow Springs to maintain the rustic trail west of the gravel lot throughout the agreement term. The agreement would not be assignable, and the parties would indemnify the Forest Preserves and maintain proper insurance throughout the agreement's term.
Contract Period: 1/1/2024 (retroactive) - 12/31/2028, with two (2) five-year renewal options to be exercised at the discretion of the General Superintendent
Estimated Fiscal Impact: N/A (Revenue Generating). $6,502.00 per year for the first term; $6,922.00 per year for the first renewal term; and $7,672.00 per year for the second renewal term. Payments for calendar years 2024 and 2025 will both be due by 12/1/2024. All subsequent payments will be due by December 1st of the prior year for the upcoming calenda...
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