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File #: 14-1431    Version: 1
Type: Agenda Item Status: Adopted
File created: 11/25/2014 In control: Real Estate Development Committee
On agenda: 12/4/2014 Final action: 12/4/2014
Title: Ratification of the Executive Director’s November 21, 2014, action issuing a one-day permit to Blue Cross Blue Shield of Illinois to use District real estate located at 28th Street and Leavitt Street in Chicago, Illinois; Main Channel Parcel 43.03 for parking purposes during a health fair event. Consideration shall be $2,500.00
Attachments: 1. BC BS MC 43.03 Bd. Ltr. Dec 2014.pdf
TRANSMITTAL LETTER FOR BOARD MEETING OF DECEMBER 4, 2014
 
COMMITTEE ON REAL ESTATE
 
Mr. David St. Pierre, Executive Director
 
Title
Ratification of the Executive Director's November 21, 2014, action issuing a one-day permit to Blue Cross Blue Shield of Illinois to use District real estate located at 28th Street and Leavitt Street in Chicago, Illinois; Main Channel Parcel 43.03 for parking purposes during a health fair event.  Consideration shall be $2,500.00
Body      
 
Dear Sir:
 
On Friday, November 21, 2014, Blue Cross Blue Shield of Illinois ("Blue Cross") requested use of District real estate located at 28th Street and Leavitt Street in Chicago for parking during a one-day health fair event at the YMCA located at 28th Street and Western Avenue.
 
Blue Cross was under restrictive time constraints to provide overflow parking for participants at the health fair event scheduled for the following day when use of the parking lot area was requested.  The issuance of the one-day permit was, therefore, necessary due to the immediate need for additional parking.
 
At the time the Executive Director issued the permit, he polled the Board of Commissioners and found that it was amenable to its issuance.
 
A permit fee of $2,500.00 is being assessed which represents the District's minimum document preparation fee.
 
Accordingly, it is requested that the Board of Commissioners ratify and approve the Executive Director's November 21, 2014, action issuing a one-day permit to Blue Cross Blue Shield of Illinois to use District real estate located at 28th Street and Leavitt Street in Chicago, Illinois; Main Channel Parcel 43.03 for parking purposes during a health fair event.  Consideration shall be $2,500.00.
 
Requested, Ronald M. Hill, General Counsel, RMH:STM:BEB: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 December 4, 2014
 
Attachment