TRANSMITTAL LETTER FOR BOARD MEETING OF MAY 21, 2015
COMMITTEE ON REAL ESTATE
Mr. David St. Pierre, Executive Director
Title
Authority to enter into a five (5) year slip agreement with the South Suburban Land Bank & Development Authority for the District to moor a boat and a barge at Fay's Point Marina in Blue Island, Illinois. Consideration shall be $10.00
Body
Dear Sir:
The South Suburban Land Bank & Development Authority owns a boat marina located at the southern end of Fay's Point. Fay's Point is an area of land located at the confluence of the Little Calumet River and the Cal-Sag Channel in Blue Island, Illinois.
The District would like to store a pontoon boat and a barge at Fay's Point Marina for collecting debris and floatables along the Cal-Sag Channel. Additionally, the agreement will allow for the parking of District staff that will be operating the watercraft. The term of the agreement is for five (5) years.
It is requested that the Executive Director recommend to the Board of Commissioners that it authorize and approve a five (5) year agreement with the South Suburban Land Bank & Development Authority for the District to moor a boat and a barge at Fay's Point Marina in Blue Island, Illinois. Consideration shall be $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 agreement after it is approved by the General Counsel as to form and legality.
Requested Ronald M. Hill, General Counsel and Manju Sharma, Director of Maintenance and Operations, RMH:MS: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 May 21, 2015
Attachment