village_of_orland_park_board_of_trustees_meeting_m.pdf
Village Accepts $490,000 Settlement From Lexington Insurance
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Description
Orland Park approved a Release and Settlement Agreement with Lexington Insurance to receive a one-time $490,000 reimbursement related to the McGreal litigation. The Village President was authorized to execute the settlement documents.
Contract Details
Contract Amount
$490,000.00
Vendor
LEXINGTON INSURANCE
Agency
Orland Park village (pt.), IL
Contract Type
INSURANCE
Document Date
October 6, 2025
Contract Term
One-time recovery payment
Renewal Info
One-time settlement; no renewal or extension provisions noted.
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