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File #: 20-0018    Version: 1
Type: Agenda Item Status: Adopted
File created: 12/23/2019 In control: Real Estate Development Committee
On agenda: 1/9/2020 Final action: 1/9/2020
Title: Authority to commence statutory procedures to lease 3.78+ acres of District real estate located north of the Main Channel at 4801 South Harlem Avenue in Forest View, Illinois; Main Channel Parcel 37.11
Attachments: 1. Authority to Commence Statutory Procedures - Lease MCP 37.11 - Aerial.pdf

TRANSMITTAL LETTER FOR BOARD MEETING OF JANUARY 9, 2020

 

COMMITTEE ON REAL ESTATE

 

Mr. Brian A. Perkovich, Executive Director

 

Title

Authority to commence statutory procedures to lease 3.78+ acres of District real estate located north of the Main Channel at 4801 South Harlem Avenue in Forest View, Illinois; Main Channel Parcel 37.11

Body

 

Dear Sir:

 

A City Suburban Service, Inc. (“A City”) has requested to lease 3.78+ acres of District real estate located north of the Main Channel at 4801 South Harlem Avenue in Forest View, Illinois and known as Main Channel Parcel 37.11.  The site is currently vacant.  A City intends to use the parcel to park and store trucks and vehicles, open top roll-off dumpsters and construction equipment in conjunction with its property rehabilitation and preservation 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 Executive Director recommend to the Board of Commissioners that it authorize and direct the General Counsel to commence statutory procedures to lease 3.78+ acres of District real estate located north of the Main Channel at 4801 South Harlem Avenue in Forest View, Illinois; Main Channel Parcel 37.11 upon the terms and conditions set forth herein. 

 

Requested, Susan T. Morakalis, General Counsel, STM:EMA:CMM:vp

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 January 9, 2020

 

Attachment