TRANSMITTAL LETTER FOR BOARD MEETING OF MARCH 15, 2018
COMMITTEE ON REAL ESTATE
Mr. David St. Pierre, Executive Director
Title
Authority to grant a 25-year, 20’ x 170’ non-exclusive easement to the Village of Willow Springs to continue to construct, reconstruct, operate, maintain, repair, replace and remove a 36-inch storm water sewer and outfall on District Main Channel Parcel 31.03 located along the north bank of the Des Plaines River between I-294 and Willow Springs Road in Willow Springs, Illinois. Consideration shall be an initial annual fee of $5,000.00
Body
Dear Sir:
On April 15, 1993, the Board of Commissioners granted a 25-year, 20’ x 170’ non-exclusive easement to the Village of Willow Springs (“Village”) to construct, reconstruct, operate, maintain, repair, replace and remove a 36-inch storm water sewer and outfall on District Main Channel Parcel 31.03 located along the north bank of the Des Plaines River between I-294 and Willow Springs Road in Willow Springs, Illinois. The outfall discharges into the Des Plaines River, and serves the adjacent intermodal facility of the Burlington Northern Santa Fe Railway, formerly known as the Atchison, Topeka and Santa Fe Railway. The easement was subject to a one-time lump sum payment of $750.00 and expires April 14, 2018.
The Village has requested a new 25-year easement to continue to maintain the 36-inch storm water sewer and outfall. The District’s technical departments have reviewed the Village’s request and have no objections thereto. Because the outfall serves a single private entity, a fair market value fee is being assessed. It is recommended that an initial annual easement fee of $5,000.00 be assessed, as 10% of the fair market value 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 grant a 25-year, 20’ x 170’ non-exclusive easement to the Village of Willow Springs to continue to construct, reconstruct, operate, maintain, repair, replace and remove a 36-inch storm water sewer and outfall on District Main Channel Parcel 31.03 located along the north bank of the Des Plaines River between I-294 and Willow Springs Road in Willow Springs, Illinois. 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, Susan T. Morakalis, General Counsel, STM:CMM:MLD:vp
Recommended, David St. Pierre, Executive Director
Respectfully Submitted, David J. Walsh, 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 March 15, 2018
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