R-1654 - 08/08/2017 - PEDESTRIAN ACCESS - Resolutions RESOLUTION 2017-PED-ACCESS-AG-R-1654
A RESOLUTION APPROVING A PEDESTRIAN ACCESS IMPROVEMENT AGREEMENT
BY AND BETWEEN THE VILLAGE AND
THE OAK BROOK MARRIOTT AND THE OAK BROOK REGENCY TOWERS
WHEREAS, the Village approved Pedestrian Access Agreements with General Growth
Properties, McDonald's Corporation, Arden Realty and the Oak Brook Club on August 27, 2013 to
improve pedestrian and bicycle access to the Oakbrook Center and the hotels, offices, businesses,
universities, and residential developments located adjacent to or near the Oakbrook Center; and
WHEREAS, the Village identified a number of projects and obtained an initial Feasibility Study for
Pedestrian Access Improvement which included engineering studies, preliminary designs and cost
estimates; and
WHEREAS, included in the Feasibility Study was a project involving the Oak Brook Marriott and
the Oak Brook Regency Towers' properties; and
WHEREAS, upon agreement of the Oak Brook Marriott and the Oak Brook Regency Towers
("Hotels"), the Village completed the project, but a formal document between the Village and the Hotels
was never executed; and
WHEREAS, the Village Attorney recommends that the Village now enter into an Agreement with
the Hotels giving each of the parties some responsibility for the continuing maintenance of that portion of
the pedestrian access way and providing for reimbursement to the Village for a portion of the construction
costs which the Village has already incurred; and
WHEREAS, the President and Board of Trustees have determined that it is in the best interest of
the Village to enter into the Agreement.
NOW THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows:
Section 1: Recitals. The foregoing recitals are hereby incorporated into, and made a part
of, this Resolution as the findings of the President and Board of Trustees of the Village of Oak Brook.
Section 2: Approval of the Agreement. The President and Board of Trustees hereby
approve the Pedestrian Access Agreement by and between the Village of Oak Brook and the Hotels in
substantially the form attached to this Resolution as Exhibit A, and in a final form to be approved by the
Village Manager and the Village Attorney.
Section 3: Execution of Agreement. The Village Manager and the Village Clerk shall be,
and are hereby, authorized to execute the approved final Agreement on behalf of the Village.
Section 4: Effective Date. This Resolution shall be in full force and effect upon passage and
approval in the manner provided by law.
[SIGNATURE PAGE FOLLOWS]
Resolution 2017-PED-ACCESS-AG-R-1654
Pedestrian Access Improvement Agreement with Marriott&Regency
2of3
APPROVED THIS 8th day of August, 2017
Gopal G. Lalmalani
Village President
PASSED THIS 8th day of August, 2017
Ayes: Trustees Cuevas, Manzo, Tiesenga, Yusuf
Nays: None
Absent: Trustees Baar, Saiyed
ATTEST:
�" ` �p
0, Charlotte K. Pruss
Village Clerk
coo N,f •�
Resolution 2017-PED-ACCESS-AG-R-1654
Pedestrian Access Improvement Agreement with Marriott&Regency
3of3
EXHIBIT A
Agreement