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File #: 11-1461    Version: 1
Type: Agenda Item Status: Adopted
File created: 11/9/2011 In control: Real Estate Development Committee
On agenda: 11/17/2011 Final action: 11/17/2011
Title: Authority to issue a 2-year permit to Dunnet Bay Construction on approximately 1.0 acre of District real estate located south of the Main Channel and east of Central Avenue and known as Main Channel Parcel 39.01 for a construction staging area and access along 41st Street, between Central Avenue and Cicero Avenue, in Forest View, Illinois. Consideration shall be an annual fee of $7,530.00
Attachments: 1. 11-17-11_Dunnet Bay Construction.pdf

TRANSMITTAL LETTER FOR BOARD MEETING OF NOVEMBER 17, 2011

 

COMMITTEE ON REAL ESTATE

 

Mr. David St. Pierre, Executive Director

 

Title

Authority to issue a 2-year permit to Dunnet Bay Construction on approximately 1.0 acre of District real estate located south of the Main Channel and east of Central Avenue and known as Main Channel Parcel 39.01 for a construction staging area and access along 41st Street, between Central Avenue and Cicero Avenue, in Forest View, Illinois.  Consideration shall be an annual fee of $7,530.00

Body

 

Dear Sir:

 

Dunnet Bay Construction (“Dunnet Bay”) has requested a 2-year permit to use a 1.0 acre portion of Main Channel Parcel 39.01 for a construction staging area and for access along 41st Street, between Central Avenue and Cicero Avenue, in connection with a contract with the Illinois Department of Transportation (“IDOT”) for the reconstruction of the Central Avenue Overpass at I-55 in Forest View, Illinois.  Parcel 39.01 is currently vacant.

 

The District’s technical departments have reviewed this request and have no objections thereto.

 

The permit fee of $7,530.00 is based upon the pro-rata share of 10% of the appraised fair market value of an adjoining site and includes the value of the 1.0 acre site and the access road.  Dunnet Bay will also be required to maintain and re-grade the roadway before the expiration of the permit.

 

It is requested that the Executive Director recommend to the Board of Commissioners that it authorize and approve a 2-year permit to Dunnet Bay Construction on approximately 1.0 acre of District real estate located south of the Main Channel and east of Central Avenue and known as Main Channel Parcel 39.01 for a construction staging area and access along 41st Street, between Central Avenue and Cicero Avenue, in Forest View, Illinois.  Consideration shall be an annual fee of $7,530.00.

 

It is further requested that the Executive Director recommend to the Board of Commissioners that it authorize the Chairman of the Committee on Finance and the Clerk to execute said permit agreement after it is approved by the General Counsel as to form and legality.

 

Requested, Ronald M. Hill, General Counsel, RMH:STM:JCC:rg

Recommended, David St. Pierre, Executive Director

Respectfully Submitted, Terrence J. O’Brien, 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 November 17, 2011

 

Attachment