TRANSMITTAL LETTER FOR BOARD MEETING OF JULY 12, 2018
COMMITTEE ON REAL ESTATE
Mr. John P. Murray, Acting Executive Director
Title
Authority to commence statutory procedures to lease approximately 0.52 acres of vacant District real estate located at 413 W. Taylor Street in Chicago, Illinois; Main Channel Parcel 45.01 (southern portion)
Body
Dear Sir:
Amtrak has requested to lease approximately 0.52 acres of vacant District real estate located at 413 W. Taylor Street in Chicago, Illinois; Main Channel Parcel 45.01 (southern portion). Amtrak intends to use the site for employee parking in conjunction with its adjacent facility. Parcel 45.01, in its entirety, comprises approximately 0.60 acres. The City of Chicago (under a District permit) and the District each use the northern 0.08 acres of Parcel 45.01 for offloading skimmer boat debris baskets. The northern 0.08 acres of Parcel 45.01, therefore, is not part of this lease request, and the requested lease will not interfere with such operations.
The District’s technical departments have reviewed this lease request and have indicated that the subject 0.52 acres are not currently needed for corporate use and that they have no objections thereto.
It is requested that the Acting Executive Director recommend to the Board of Commissioners that it authorize and direct the General Counsel to commence statutory procedures to lease approximately 0.52 acres of vacant District real estate located at 413 W. Taylor Street in Chicago, Illinois; Main Channel Parcel 45.01 (southern portion), upon the terms and conditions set forth herein.
Requested, Susan T. Morakalis, General Counsel, STM:CMM:npe
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 July 12, 2018
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