TRANSMITTAL LETTER FOR BOARD MEETING OF SEPTEMBER 19, 2019
COMMITTEE ON STORMWATER MANAGEMEMT
Mr. Brian A. Perkovich, Executive Director
Title
Authority to approve, execute, and make payment for temporary and permanent easements from Maro Bellwood, Inc., an Illinois corporation, for the Addison Creek Channel Improvements (Contract 11-187-3F) located at 333 S. 31st Avenue in Bellwood, Illinois, Consideration shall be a fee of $23,000.00, Account No. 501-50000-667340
Body
Dear Sir:
In connection with the Addison Creek Channel Improvements Project (Contract 11-187-3F), it is necessary to acquire temporary and permanent easements from Maro Bellwood, Inc., an Illinois corporation, on the property located at 333 S. 31st Avenue in Bellwood, Illinois.
The District and the property owner have reached an agreement regarding the compensation to be paid for the temporary and permanent easements in the amount of $23,000.00. This amount is within the range of value for the subject easements based on fair market value appraisals obtained by the District and the property owner. This agreement will also save the District substantial costs that would otherwise be required to proceed to litigation, including attorney’s fees, expert witness fees, and additional appraisal fees.
It is requested that the Executive Director recommend to the Board of Commissioners that it accept and approve the temporary and permanent easement grants from Maro Bellwood, Inc., an Illinois corporation, in connection with the captioned project and authorize payment in the amount of $23,000.00, as compensation for the easements.
It is further requested that the Executive Director recommend to the Board of Commissioners that the Chairman of the Committee on Finance and Clerk be authorized and directed to execute any documents necessary in connection with the subject easements after they are approved by the Director of Engineering as to technical matters and by General Counsel as to form and legality.
Funds are available in Account 501-50000-667340.
Requested, Catherine A. O’Connor, Director of Engineering, WSS:JK
Recommended, Brian A Perkovich, Executive Director
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for September 19, 2019