TRANSMITTAL LETTER FOR BOARD MEETING OF JULY 10, 2014
COMMITTEE ON REAL ESTATE
Mr. David St. Pierre, Executive Director
Title
Authority to grant a 25-year, 1,072.44' x 10' non-exclusive easement to Commonwealth Edison Company to continue to operate, maintain and remove aerial and subterranean electrical transmission and service lines and appurtenances thereto through the District's Calumet East Solids Handling Area located north of 130th Street in Chicago, Illinois. Consideration shall be an initial annual fee of $2,500.00
Body
Dear Sir:
In 1989, the District granted a 25-year easement to Commonwealth Edison Company ("ComEd") for the period commencing November 2, 1989, and expiring November 1, 2014, to construct, install, operate, maintain and remove 12Kv aerial and subterranean electrical transmission and service lines and appurtenances thereto through District real estate at the subject location. The consideration for the 1989 easement was for ComEd to provide a new point of electrical service at the then newly constructed truck scale building and office for the Calumet Plant Sludge Drying operations. ComEd has requested a new 25-year easement upon expiration of the current easement.
The District's technical departments have reviewed ComEd's request for a new easement and have no objections thereto.
A fair market value fee on the permit premises would yield a fee less than the District's minimum $2,500.00 fee. The District's standard minimum initial annual fee of $2,500.00 is therefore recommended.
It is requested that the Executive Director recommend to the Board of Commissioners that it authorize the grant of a 25-year, 1,072.44' x 10' non-exclusive easement to Commonwealth Edison Company to continue to operate, maintain and remove aerial and subterranean electrical transmission and service lines and appurtenances thereto through the District's Calumet East Solids Handling Area located north of 130th Street in Chicago, Illinois. Consideration shall be an initial annual fee of $2,500.00.
It is also requested that the Executive Director recommend to the Board of Commissioners that it authorize and direct the Chairman of the Committee on Finance and the Clerk to execute said easement agreement on behalf of the District after it is approved by the General Counsel as to form and legality.
Requested, Ronald M. Hill, General Counsel, RMH:STM:MM:ss
Recommended, David St. Pierre, Executive Director
Respectfully Submitted, Mariyana T. Spyropoulos, Chairman Committee on Real Estate Development
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for July 10, 2014
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