TRANSMITTAL LETTER FOR BOARD MEETING OF APRIL 9, 2015
COMMITTEE ON REAL ESTATE
Mr. David St. Pierre, Executive Director
Title
Authorization to commence statutory procedures to lease approximately 23 acres of unimproved District real estate located west of Lemont Road and north of the Main Channel in Lemont, Illinois; Main Channel Parcel 23.01
Body
Dear Sir:
The Law Department has received a request from Ozinga Bros., Inc. ("Ozinga") to lease approximately 23 acres of unimproved District real estate located west of Lemont Road and north of the Main Channel in Lemont, Illinois and known as Main Channel Parcel 23.01. The site is currently vacant. Ozinga leases the adjacent easterly site to operate a ready mix concrete facility and has requested to lease Parcel 23.01 to expand its existing operations. The requested term is for 39 years.
The District's technical departments have reviewed the lease request and have indicated that the subject site is not needed for corporate use nor do they have any technical objections thereto.
It is requested that the Executive Director recommend to the Board of Commissioners that it authorize and direct the General Counsel to commence statutory procedures to lease approximately 23 acres of unimproved District real estate located west of Lemont Road and north of the Main Channel in Lemont, Illinois and known as Main Channel Parcel 23.01 upon the terms and conditions set forth herein.
Requested, Ronald M. Hill, General Counsel, RMH:SM: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 April 9, 2015
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