TRANSMITTAL LETTER FOR BOARD MEETING OF MARCH 19, 2015
COMMITTEE ON REAL ESTATE
Mr. David St. Pierre, Executive Director
Title
Authority to issue a five (5) year permit to F.H. Paschen, S.N. Nielsen & Associates on approximately 0.575 acres of District real estate along the east and west sides of Elmhurst Road in Des Plaines, Illinois, in connection with the Elgin-O'Hare Western Access Project. Consideration shall be a nominal fee of $10.00
Body
Dear Sir:
On September 4, 2014, the District entered into an Intergovernmental Agreement ("IGA") with the Illinois State Toll Highway Authority ("ISTHA") to sell 5.858 acres of District real estate located along and near I-90 at the Majewski Reservoir Site, Majewski Park and within the Kirie Water Reclamation Plant premises and to grant one permanent 0.064 acres easement and three temporary easements totaling 0.575 acres to ISTHA in connection with the construction of the Elgin-O'Hare Western Access Project ("Project").
ISTHA's contractor, F.H.Paschen, S.N. Nielsen & Associates, LLC ("Paschen"), will be performing the work under the temporary easement. A separate easement from Paschen was necessary to provide indemnification and insurance protection for the District.
After the temporary easements were approved by the Board, the District was advised that Paschen had to obtain any permits required by the District. Paschen advised that it would not sign the easements but would sign the permit since it is required under Paschen's contract with ISTHA. The Permit will provide the District with the same protection of indemnity and insurance provisions as the temporary easements.
The temporary easements under the IGA were valued at $129,600.00 pursuant to a fair market value appraisal. Under the IGA, ISTHA is paying the total easement fee of $129,600.00. Accordingly, it is recommended that a nominal fee of $10.00 be assessed for the permit agreement.
It is requested that the Executive Director recommend to the Board of Commissioners that it authorize and approve the issuance of a five (5) year permit to F.H. Paschen, S.N. Nielsen & Associates on approximately 0.575 acres of District real estate along the east and west sides of Elmhurst Road in Des Plaines, Illinois, in connection with the Elgin-O'Hare Western Access Project. Consideration shall be a nominal fee of $10.00.
It is further requested that the Executive Director recommend to the Board of Commissioners that the Chairman of the Committee on Finance and the Clerk be authorized and directed to execute said permit after it is approved by the General Counsel as to form and legality.
Requested, Ronald M. Hill, General Counsel, RMH:STM:MLD:vp
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 March 19, 2015
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