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File #: 18-0807    Version: 1
Type: Agenda Item Status: Adopted
File created: 8/21/2018 In control: Real Estate Development Committee
On agenda: 9/6/2018 Final action: 9/6/2018
Title: Authority to commence statutory procedures to lease approximately 20 acres of District real estate located east of Pulaski Road and north of the Cal-Sag Channel in Alsip, Illinois; Cal-Sag Channel Parcel 13.04 (western portion)
Attachments: 1. Commence statutory procedures. Pulaski and Cal Sag Channel, Parcel 13.04 Alsip MiniMill.pdf

TRANSMITTAL LETTER FOR BOARD MEETING OF SEPTEMBER 6, 2018

 

COMMITTEE ON REAL ESTATE

 

Mr. John P. Murray, Acting Executive Director

 

Title

Authority to commence statutory procedures to lease approximately 20 acres of District real estate located east of Pulaski Road and north of the Cal-Sag Channel in Alsip, Illinois; Cal-Sag Channel Parcel 13.04 (western portion)

Body

 

Dear Sir:

 

Alsip MiniMill, LLC (“Alsip MiniMill”) has requested to lease approximately 20 acres of District real estate located east of Pulaski Road and north of the Cal-Sag Channel in Alsip, Illinois, and known as Cal-Sag Channel Parcel 13.04 (western portion).  Alsip MiniMill intends to use the parcel for parking trucks in conjunction with its adjacent paper mill business.  The requested lease term is thirty-nine (39) years.   

 

The District’s technical departments have reviewed this lease request and have indicated that the subject site is not currently needed for corporate use and that they have no technical 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 20 acres of District real estate located east of Pulaski Road and north of the Cal-Sag Channel in Alsip, Illinois; Cal-Sag Channel Parcel 13.04 (western portion) upon the terms and conditions set forth herein. 

 

Requested, Susan T. Morakalis, General Counsel, STM:CMM: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 September 6, 2018

 

Attachment