Metropolitan Water Reclamation District of Greater Chicago - File #: 16-1080

• File #: 16-1080
• Version: 1
• Type: Agenda Item
• Status: Adopted
• File created: 10/11/2016
• In control: Real Estate Development Committee
• On agenda: 10/20/2016
• Final action: 10/20/2016
• Title: Authority to grant a 25-year, 1,560.00’ x 15’ non-exclusive easement to Commonwealth Edison Company to install, maintain, operate, repair, replace and remove electrical transmission lines and facilities on District real estate located east of the Harlem Avenue Bridge between College Drive and 116th Street in Worth and Palos Heights, Illinois, and known as Cal-Sag Channel Parcels 9.03 and 9.04. Consideration shall be an initial annual fee of $5,000.00

Date	Ver.	Action By	Action	Result
10/20/2016	1	Board of Commissioners	Approved	Pass
10/20/2016	1	Committee of the Whole	Recommended	Pass

TRANSMITTAL LETTER FOR BOARD MEETING OF OCTOBER 20, 2016

COMMITTEE ON REAL ESTATE

Mr. David St. Pierre, Executive Director

Title

Authority to grant a 25-year, 1,560.00’ x 15’ non-exclusive easement to Commonwealth Edison Company to install, maintain, operate, repair, replace and remove electrical transmission lines and facilities on District real estate located east of the Harlem Avenue Bridge between College Drive and 116^th Street in Worth and Palos Heights, Illinois, and known as Cal-Sag Channel Parcels 9.03 and 9.04. Consideration shall be an initial annual fee of $5,000.00

Body

Dear Sir:

Commonwealth Edison Company (“ComEd”) has requested a 25-year, 1,560.00’ x 15’ non-exclusive easement to install, maintain, operate, repair, replace and remove electrical lines and facilities on District real estate located east of the Harlem Avenue Bridge between College Drive and 116^th Street in Worth and Palos Heights, Illinois, and known as Cal-Sag Channel Parcels 9.03 and 9.04.

The District’s technical departments have reviewed ComEd’s request for the 25-year easement and have no objections thereto.

It is recommended that an initial annual fee of $5,000.00 be assessed as 10% of the fair market value fee of the easement premises would yield a fee less than the District's minimum fee of $5,000.00.

It is requested that the Executive Director recommend to the Board of Commissioners that it authorize the grant of a 25-year, 1,560.00’ x 15’ non-exclusive easement to Commonwealth Edison Company to install, maintain, operate, repair, replace and remove electrical transmission lines and facilities on District real estate located east of the Harlem Avenue Bridge between College Drive and 116^th Street in Worth and Palos Heights, Illinois, and known as Cal-Sag Channel Parcels 9.03 and 9.04. Consideration shall be an initial annual fee of $5,000.00.

It is also 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 easement agreement on behalf of the District after it is approved by the General Counsel as to form and legality.

Requested, Ronald M. Hill, General Counsel, RMH:STM:MM

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 October 20, 2016

Attachment