TRANSMITTAL LETTER FOR BOARD MEETING OF JUNE 21, 2018
COMMITTEE ON REAL ESTATE
Mr. John P. Murray, Acting Executive Director
Title
Authority to issue a 30-day permit to Ozinga Bros., Inc. to conduct hydrogeological borings on Main Channel Parcels 22.03, 22.06, and 23.04 in Lemont, Illinois. Consideration shall be $5,000.00
Body
Dear Sir:
Ozinga Bros., Inc. (“Ozinga”) leases Main Channel Parcels 23.01 and 23.02 in Lemont, Illinois under two separate leases for concrete production, barge fleeting, and storage that expire in 2055 and 2051, respectively. Ozinga is exploring the feasibility of leasing subsurface areas of its leasehold parcels and adjacent District parcels for underground storage of bulk materials. Accordingly, Ozinga has requested a 30-day permit to conduct hydrogeological borings on Main Channel Parcels 22.03, 22.06, and 23.04 in Lemont, Illinois. Parcel 23.04 is presently vacant. Parcel 22.03 is under lease to Illinois Marine Towing, Inc. (“IMT”) for barge fleeting. The lease expires in 2045. Parcel 22.06 is under lease to ACBL Transportation Services, LLC (“ACBL”), also for barge fleeting. The lease expires in 2044. As part of this permit request, Ozinga will have to obtain the written consents of IMT and ACBL. Any subsequent lease request of the subsurface areas of these parcels, including the two parcels presently leased by Ozinga, would be subject to further review and consideration by the Board of Commissioners and pursuant to the District’s statutory competitive leasing process.
The District’s technical departments have reviewed this request and have no objections thereto. A permit fee in the amount of $5,000.00 is recommended, as the pro-rata share of 10% of the fair market value of the land would yield a fee less than the District’s minimum permit fee of $5,000.00.
It is requested that the Acting Executive Director recommend to the Board of Commissioners that it authorize and approve the issuance of a 30-day permit to Ozinga Bros., Inc. to conduct hydrogeological borings on Main Channel Parcels 22.03, 22.06, and 23.04 in Lemont, Illinois. Consideration shall be $5,000.00.
Requested, Susan T. Morakalis, General Counsel, STM:CMM:BD:vp
Recommended, John P. Murray, Acting 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 June 21, 2018
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