TRANSMITTAL LETTER FOR BOARD MEETING OF JULY 11, 2013
COMMITTEE ON REAL ESTATE
Mr. David St. Pierre, Executive Director
Title
Authority to amend the lease agreement dated November 18, 2010, between the District and the Village of Stickney on approximately 63.7 acres of District real estate located east of Ridgeland Avenue and south of 39th Street in Stickney, Illinois, Main Channel Parcels 38.01, 38.02, 38.04, 38.05, 38.06 and 38.08 to allow festivals to be held on the premises. Consideration shall be a nominal fee of $10.00
Body
Dear Sir:
The Village of Stickney ("Village") leases approximately 63.7 acres of District real estate known as Main Channel Parcels 38.01, 38.02, 38.04, 38.05, 38.06 and 38.08 under a 5-year lease ("Lease") that commenced on November 18, 2010 and expires November 19, 2015, for public recreational purposes. The annual rent is $10.00. The leasehold is located west of the Stickney Water Reclamation Plant.
The Village has requested permission to hold a Village Festival ("Festival") on August 23, through August 25, 2013 on the leasehold to commemorate its 100 year anniversary. The Festival will include a carnival on parcel 38.01 and a fireworks display on parcel 38.04. There will be no sale or consumption of alcohol on District real estate during the event.
An amendment to the Lease authorizing the Village to hold the August, 2013 Festival and other festivals including carnivals and fireworks is recommended as such will reduce the administrative time expended on reviewing and approving the Village's request to conduct similar community events throughout the lease term. It is anticipated that the festivals will be infrequent and held no more than three times per year. The Village will provide its own security, safety and emergency services for the events.
The District's technical departments have no objections to the Village using the site for carnival and festival purposes.
It is requested that the Executive Director recommend to the Board of Commissioners that it authorize and approve an amendment of the lease agreement dated November 18, 2010, between the District and the Village of Stickney on 63.7 acres of District real estate located east of Ridgeland Avenue and south of 39th Street in Stickney, Illinois, Main Channel Parcels 38.01, 38.02, 38.04, 38.05, 38.06 and 38.08 to allow festivals to be held on the premises. Consideration shall be a nominal fee of $10.00.
It is also requested that the Executive Director recommend to the Board of Commissioners that it authorize and direct the Chairman of the Committee on Finance and the Clerk to execute the lease amendment agreement.
Requested, Ronald M. Hill, General Counsel, RMH:STM:BEB:rg
Recommended, David St. Pierre, Executive Director
Respectfully Submitted, Mariyana T. Spyropoulos, 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 11, 2013
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