TRANSMITTAL LETTER FOR BOARD MEETING OF MAY 5, 2016
COMMITTEE ON REAL ESTATE
Mr. David St. Pierre, Executive Director
Title
Authority to grant a 60-year, non-exclusive 71,226 square foot easement to American Grading Company to construct, reconstruct, operate, maintain, repair and remove an access road along the southern boundary of the District’s Main Stream Pumping Station site in Hodgkins, Illinois, for ingress and egress to its property at 6100 River Road in Hodgkins, Illinois. Consideration shall be an initial annual fee of $3,062.00 (As Revised)
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Dear Sir:
American Grading Company (“AGC”) has requested a 60-year, non-exclusive 71,226 square foot easement to construct, reconstruct, operate, maintain, repair and remove an access road along the southern boundary of the District’s Main Stream Pumping Station site for purposes of ingress and egress to its property at 6100 River Road in Hodgkins, Illinois. AGC previously accessed its property via a CSX railroad crossing which was recently removed by CSX.
The technical departments have reviewed this request and have no objections to the grant of an easement to AGC provided AGC protects all District facilities in the area.
An initial annual fee of $3,062.00 is recommended, which is based on current fair market value appraisals the District obtained for its acquisition of right-of-way for the Des Plaines Inflow Tunnel Project adjacent to the Main Stream Pumping Station.
It is requested that the Executive Director recommend to the Board of Commissioners that it authorize and approve the grant of a 60-year, non-exclusive 71,226 square foot easement to American Grading Company to construct, reconstruct, operate, maintain, repair and remove an access road along the southern boundary of the District’s Main Stream Pumping Station site in Hodgkins, Illinois, for ingress and egress to its property at 6100 River Road in Hodgkins, Illinois. Consideration shall be an initial annual fee of $3,062.00.
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 easement agreement after same 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 May 5, 2016
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