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PROPOSED AGREEMENT
Vendor: T&M Lakes Inc., Orland Park, Illinois
Request: Requesting authorization for the Forest Preserve District of Cook County ("the Preserves") to enter into an agreement
Reason: Contract 14-40-409B consists of a request for Boat Concessions at Three Recreational Facilities. The Vendor selected, T&M Lakes Inc., was the most responsive and responsible of two (2) responders to operate the Tampier and Maple Lake Boat House. T&M Lakes Inc. will be responsible for maintaining and providing boat rental and concessions at Tampier and Maple Lake Boat House.
T&M Lakes has agreed to pay the Preserves the following annual fee per year in addition to 2% of gross sales.
Tampier Boat House: Year 1: $5009.19 Year 2: $5009.19 Year 3: $5009.19
Maple Lake Boat House: Year 1: $7,500.00 Year 2: $7,500.00 Year 3: $7,500.00
Contract period: Thirty Six (36) months from the issuance of the Purchase Order
Estimated Fiscal Impact: Revenue Generating
Account(s): N/A
Concurrence(s):
The Chief Financial Officer and Chief Attorney have approved this item.
District(s): 17
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