The President and Board of Trustees of the Village of Oak Brook, Cook and DuPage Counties, Illinois, on November 26, 2019 at a regularly scheduled Village Board meeting to be held at 7:00 pm at the Village Hall, 1200 Oak Brook Rd, Oak Brook, IL 60523, intends to adopt an ordinance authorizing a long-term lease agreement (more than 20 but not to exceed 99 years) under which the Village may lease out property that it owns or controls, and here is commonly referred to as the Kensington Road Surface Parking Lot in the Village of Oak Brook, Cook and DuPage Counties, Illinois.
Under such lease, the property shall be used for lawful park district purposes, including but not limited to use as a parking lot for the benefit of the Oak Brook Park District.