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File #: 25-0855    Version: 1
Type: Agenda Item Status: To Be Introduced
File created: 11/7/2025 In control: Real Estate Development Committee
On agenda: 11/20/2025 Final action:
Title: Authority to commence statutory procedures to lease approximately 9 acres of District real estate located at 6400 Canal Bank Road in Forest View, Illinois; Main Channel Parcel 37.07
Attachments: 1. RE - Commence Statutory Procedures 6400 Canal Bank Road, Forest View MCP 37.07 Aerial.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TRANSMITTAL LETTER FOR BOARD MEETING OF NOVEMBER 20, 2025

 

COMMITTEE ON REAL ESTATE

 

Mr. John P. Murray, Acting Executive Director

 

Title

Authority to commence statutory procedures to lease approximately 9 acres of District real estate located at 6400 Canal Bank Road in Forest View, Illinois; Main Channel Parcel 37.07

Body

 

Dear Sir:

 

Northfield Block Company currently leases approximately 9 acres of District real estate located at 6400 Canal Bank Road, Forest View, Illinois, known as Main Channel (“MC”) Parcel 37.07. Northfield Block Company and its predecessors have operated a manufacturing facility for concrete blocks at this location since 1973. The current lease commenced March 1, 2017, and expires February 28, 2027. The current annual rent is $204,911.99. Northfield Block Company has requested to continue leasing this parcel for a 14-year term.

 

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. The Village of Forest View has expressed support for the continued leasing of MC 37.07. 

 

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 9 acres of District real estate located at 6400 Canal Bank Road in Forest View, Illinois; Main Channel Parcel 37.07.

 

Requested, Susan T. Morakalis, General Counsel, STM:BJD:MSZ:vp

Recommended, John P. Murray, Acting Executive Director

Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for November 20, 2025

 

Attachment