TRANSMITTAL LETTER FOR BOARD MEETING OF DECEMBER 15, 2016
COMMITTEE ON STORMWATER MANAGEMENT
Mr. David St. Pierre, Executive Director
Title
Authority to enter into an intergovernmental agreement with and make payment to the Village of Flossmoor for the acquisition of flood-prone properties (16-IGA-12), with payment to the Village of Flossmoor in an amount not to exceed $637,429.00, Account 401-50000-612400, Requisition 1446954
Body
Dear Sir:
Authorization is requested to enter into an intergovernmental agreement (IGA) with the Village of Flossmoor (Village) for the acquisition of flood prone properties, with payment to the Village in an amount not to exceed $637,429.00.
Subsequent to adopting a policy on the selection and prioritization of projects for acquiring flood-prone property by the Board of Commissioners on August 7, 2014, the Engineering Department invited each municipality and township within Cook County to submit preliminary applications for potential flood-prone property acquisition projects. From this solicitation, Flossmoor was one of six projects identified that met the requirements of the District’s policy. In 2015, Flossmoor was invited to submit a final application which included a benefit-cost analysis and certification that Flossmoor is willing to fulfill the duties of a local sponsor included in the District’s policy.
The flood-prone properties identified by Flossmoor in its application were recommended by the Engineering Department for acquisition, and on March 3, 2016, the Board of Commissioners granted authority to negotiate an IGA with the Village of Flossmoor for the acquisition of those properties. The Village and the District have agreed in principle to the terms of the IGA, which include payment by the District towards the acquisition of two flood-prone properties in an amount not to exceed $637,429.00. The estimated total cost of the acquisitions is $688,538.00, with the Village being responsible for the remainder of the funding beyond the District’s contribution, either directly or via available grants. The terms of the IGA also require the Village to obtain appraisals, prepare offers, perform closings, deconstruct all purchased structures and restore property to open space, and ensure long term maintenance of the property.
Based on the foregoing, it is requested that the Board of Commissioners grant authority for the District to enter into an Intergovernmental Agreement with the Village of Flossmoor and make payment to the Village in an amount not to exceed $637,429.00 for the acquisition of two flood-prone properties, and that the Chairman of the Committee on Finance, the Executive Director, and the Clerk be authorized to execute said intergovernmental agreement on behalf of the District, as well as any documents necessary to effectuate the transaction and conveyance, upon approval by the Director of Engineering as to technical matters and by the General Counsel as to form and legality.
Funds are available in Account 401-50000-612400.
Requested, Catherine A. O’Connor, Director of Engineering, WSS:JK
Recommended, David St. Pierre, Executive Director
Respectfully Submitted, Kari K. Steele, Chairman Committee on Stormwater Management
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for December 15, 2016