TRANSMITTAL LETTER FOR BOARD MEETING OF DECEMBER 19, 2019
COMMITTEE ON REAL ESTATE
Mr. Brian A. Perkovich, Executive Director
Title
Authority to commence statutory procedures to lease 14± acres of District real estate located north of the Main Channel between Central and Laramie Avenues in Stickney, Illinois; Main Channel Parcel 39.02
Body
Dear Sir:
Z-Trucking, Inc. and 3720 S. Cicero, LLC (collectively “Applicants”) have requested to lease 14± acres of District real estate located north of the Main Channel between Central and Laramie Avenues in Stickney, Illinois, and known as Main Channel Parcel 39.02. The site is currently vacant. Applicants intend to use the parcel to install and operate tractor-trailer truck parking stations. The requested lease term is 25 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 14± acres of District real estate located north of the Main Channel between Central and Laramie Avenues in Stickney, Illinois; Main Channel Parcel 39.02, upon the terms and conditions set forth herein.
Requested, Susan T. Morakalis, General Counsel, STM:EMA:JAW: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 December 19, 2019
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