Village, Park District outline shared facility use terms

The Village of University Park and the University Park Park District are considering an intergovernmental agreement under which the Village will maintain comprehensive insurance for District facilities it uses for two years after transfer. The arrangement would govern Village access, usage fees, and repair responsibilities for District-owned public spaces, with a 60-day termination option.

Document date · March 18, 2026

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Scope & details

The full contract record, as filed.

Contract type

INSURANCE

Contract term

Two (2) years of insurance coverage after transfer; terminable by either party on 60 days’ written notice

Renewal

Agreement may be terminated by either party on 60 days’ written notice; Village’s obligation to maintain comprehensive insurance on identified properties continues for two years after their transfer to the District.

Document type

Agreement

Source document

Village of University Park and Park District Intergovernmental Agreement March 2026

Related contracts

Other contracts from University Park Park District.

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Village of University Park Agenda Special Meeting September 8, 2026

APPROVED

University Park village (pt.), IllinoisSep 8, 2026

Village of University Park and Park District Intergovernmental Agreement March 2026

DISCUSSED

University Park village (pt.), Illinois$10.00Mar 18, 2026

university-park-village-committee-of-the-whole-meeting-agenda-june-10-2025_6e1.md

PENDING

University Park village (pt.), IllinoisJun 10, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by University Park village (pt.)?

University Park Park District was awarded this insurance contract by University Park village (pt.), as recorded on March 18, 2026.

What type of contract is this?

This is a Insurance contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Village of University Park and Park District Intergovernmental Agreement March 2026 (Agreement), dated March 18, 2026 from University Park village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does University Park Park District hold?

University Park Park District may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is University Park village (pt.) currently buying?

Explore University Park village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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