March 11, 2015 - Board Meeting
Title
AUTHORIZATION TO ENTER INTO A CONCESSION PERMIT AGREEMENT WITH LAKEFRONT HOSPITALITY GROUP FOR THE DESIGN, RENOVATION, AND YEAR-ROUND OPERATION OF THE RESTAURANT, THEATER AND EVENT SPACE
Body
To the Honorable Board of Commissioners of the Chicago Park District
I. Recommendation
Pursuant to Chapter IX of the Code of the Chicago Park District, it is recommended that the General Superintendent and CEO or his designee enter into a Concession Permit Agreement with Lakefront Hospitality Group for the design, renovation and year-round operation of the restaurant, theater and event space at Theater on the Lake. The concessionaire was selected pursuant to a publicly advertised Notice of Availability. No work may commence, and no payment shall be made to vendor prior to the execution of a written Concession Permit Agreement.
II. Award Information
Concessionaire: Lakefront Hospitality Group
1058 West Albion Avenue
Chicago, IL 60626
Company Type: Illinois Corporation
Majority Interests: John Wrenn
Concession Permit
Agreement Term: Ten (10) years with five (5) one (1) year extension options. Extension options exercisable solely at the discretion of the Chicago Park District.
Scope of Services: Design, renovation, and year-round operation of restaurant, theater and event space at Lincoln Park's Theater on the Lake (see Exhibit A).
Affirmative
Action Goals: Minority- and Women-Owned Participation for this contract includes several MBE/WBE certified subcontractors that will provide historic preservation and architectural consulting, civil engineering and design services as well as printing, signage and digital services.
Authorization: Authorize the General Counsel to include other relevant terms and conditions in the written Concession Permit Agreement. Authorize the General Superintendent to execute the Concession Permit Agreement and the Secretary to attest as to the signing of ...
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