Meeting Name: Finance Committee Agenda status: Final
Meeting date/time: 5/10/2016 1:00 PM Minutes status: Final  
Meeting location: Cook County Building, Board Room, 118 North Clark Street, Chicago, Illinois
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments: List of Speakers for the Finance Committee May 10,2016.pdf, Finance Briefing Packet 5-11-16.pdf, Memorandum Bureau of Asset Management Finance Committee 5-10-16.pdf, Letter from CCHHS re Campus Health Center 5-10-16.pdf, Written Statement Metropolitan Planning Council Finance Committee 5-10-16.pdf, FIN 5-10-16 Roll Call 16-2198.pdf, FIN 5-10-16 Roll Call 16-2503.pdf, Written Statement The Progress Center Finance Committee 5-10-16.pdf, Spoken Statement Progress Center Finance Committee 5-10-16.pdf
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
16-2503 1 Clayco, Chicago, IllinoisContract Amendment PROPOSED CONTRACT AMENDMENT Department(s): Bureau of Asset Management Vendor: Clayco, Chicago, Illinois Request: Authorization for the Office of the System Director-Supply Chain Management to extend and amend contract Good(s) or Service(s): Developer Service Original Contract Period: 11/18/2015 - 6/30/2016 (Phase #1) Proposed Contract Period Extension: 7/1/2016 - 09/30/2018 Total Current Contract Amount Authority: $946,410.00 Original Approval (Board or Procurement): 11/18/2015 Previous Board Increase(s) or Extension(s): N/A Previous Chief Procurement Officer Increase(s) or Extension(s): N/A This Increase Requested: $112,640,000.00 Potential Fiscal Impact: FY 2016 $13,027,729, FY 2017 $81,895,138, FY 2018 $17,717,133 Accounts: 1619 Contract Number(s): H15-25-126 Concurrences: The vendor has met the Minority and Women Owned Business Enterprise Ordinance. The Chief Procurement Officer concurs. Summary: The County and CCHHS have determined that Clayco, Inc. (Developer) has completed Phase 1 of the Agreement, recommend for approvalPass Action details Video Video
16-2198 1 Civic Health Development Group (“CHDG”), CHDG is a joint venture development team of MB Real Estate Services, Inc., Walsh Investors, LLC, Plenary Group USA Ltd and Granite Development Corporation, Chicago, IllinoisAgreementPROPOSED AGREEMENT Department(s): Real Estate Management Other Part(ies): Civic Health Development Group (“CHDG”), CHDG is a joint venture development team of MB Real Estate Services, Inc., Walsh Investors, LLC, Plenary Group USA Ltd and Granite Companies LLC, Chicago, Illinois. Request: Authorization for the Director of Real Estate Management to enter into a redevelopment agreement and associated ground leases on behalf of the County of Cook with the Civic Health Development Group (“CHDG”). Good(s) or Service(s): CHDG will serve as the County’s market rate development team of the Old Cook County Hospital site and adjoining real estate within the Cook County Hospital campus which is also known as the Hospital Campus Redevelopment Agreement period: Ninety-nine year ground lease, with (2) twenty-five year Fiscal Impact: Revenue Generating Accounts: N/A Agreement Number(s): N/A Summary/Notes: CHDG was selected following the issuance of a Request for Proposal (“RFP”) by the Cook County Bureau of Asset Management Department of Real Estate in Januarecommend for approvalPass Action details Video Video