TRANSMITTAL LETTER FOR BOARD MEETING OF APRIL 9, 2015
COMMITTEE ON REAL ESTATE
Mr. David St. Pierre, Executive Director
Title
Authority to grant to the City of Chicago a permanent subterranean easement on 3.398 acres on District North Shore Channel Parcels 9.02, 9.06 and 9.13 and a five (5) year construction easement on 4.444 acres on District North Shore Channel Parcel 9.02 in connection with the Albany Park Flood Control Project. Consideration shall be a nominal fee of $10.00
Body
Dear Sir:
On August 29, 2013, the Board of Commissioners authorized the District to enter into an Intergovernmental Agreement with the City of Chicago ("Chicago") for the design and construction of the Albany Park Flood Control Project ("Project"). The Project will consist of a stormwater diversion tunnel which will be constructed approximately 150 feet below grade and follow the Foster Avenue right-of-way beginning at Springfield Avenue then continue easterly to the North Shore Channel. The diversion tunnel will take excess waters from a potential flood area and divert them directly into the North Shore Channel bypassing the Albany Park neighborhood.
The Project will require the District to grant Chicago a permanent subterranean easement totaling 3.398 acres on North Shore Channel Parcels 9.02, 9.06 and 9.13 and a temporary five (5) year construction easement totaling 4.444 acres on North Shore Channel Parcel 9.02. Parcel 9.02 is under lease to the Chicago Park District under a lease that expires in 2061 for public recreational use and is known as River Park and Parcels 9.06 and 9.13 are under lease to North Park University under a lease that commenced in 2003 and expires in 2042 for use of its athletic fields. This permanent easement is subject to the consent of the Chicago Park District and North Park University and the construction easement is only subject to the consent of Chicago Park District.
The District's technical departments have reviewed this Project and have no objections to granting the permanent and temporary easements. Since this is a joint project between Chicago and the District a nominal fee of $10.00 is recommended.
It is requested that the Executive Director recommend to the Board of Commissioners that it authorize and approve the grant to the City of Chicago a permanent subterranean easement on 3.398 acres on District North Shore Channel Parcels 9.02, 9.06 and 9.13 and a five (5) year construction easement on 4.444 acres on District North Shore Channel Parcel 9.02 in connection with the Albany Park Flood Control 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 it authorize and direct the Chairman of the Committee on Finance and the Clerk to execute said easements and any other necessary documents in conjunction therewith after they are 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 April 9, 2015
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