Fifty-Year Sunrise Park Lease Approved With Village
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Description
The Board approved a 50-year lease agreement with the Village of Mount Prospect for continued use of Sunrise Park. This long-term lease formalizes the Park District’s operation and planned $650,000 in improvements on Village-owned land.
Contract Details
Vendor
VILLAGE OF MOUNT PROSPECT
Agency
Mount Prospect Park District, IL
Contract Type
FACILITIES
Document Date
March 18, 2026
Contract Term
50 years
Renewal Info
Initial 50-year lease term; no specific renewal or extension options described.
More from VILLAGE OF MOUNT PROSPECT
More from Mount Prospect Park District
Mt. Prospect Park District Regular Board Meeting Agenda 2026-05-20
Mt. Prospect Park District Regular Board Minutes 2026-04-15
Mt. Prospect Park District Regular Board Minutes 2026-04-15
Mt. Prospect Park District Regular Board Minutes 2026-04-15
Mt. Prospect Park District Board Meeting Agenda April 2026
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