TRANSMITTAL LETTER FOR BOARD MEETING OF JULY 17, 2025
COMMITTEE ON REAL ESTATE
Mr. John P. Murray, Acting Executive Director
Title
Authority to issue a 9-month permit extension to Petroleum Fuel and Terminal Company to continue to stage and launch boats on 3± acres of District real estate located in Lockport, Illinois, known as Main Channel Parcel 15.05. Consideration shall be a monthly permit fee of $6,500.00
Body
Dear Sir:
On June 5, 2025, the Board of Commissioners ratified the Acting Executive Director’s May 21, 2025 issuance of a permit to Petroleum Fuel and Terminal Company (“PF&T”) to use District real estate located in Lockport, Illinois, known as Main Channel (“MC”) Parcel 15.05, to stage and carry out an emergency response, to park and store pickup trucks, trailers and boats, and for use of the boat launch to help remediate a spill of asphalt into the Chicago Sanitary and Ship Canal. The permit is set to expire August 15, 2025. The current permit fee is $15,000.00.
PF&T has requested a 9-month permit extension to continue its spill response work. The District leases MC Parcel 15.05 to ACBL Transportation Services, LLC (“ACBL”) under an agreement that commenced January 1, 2016, and expires December 31, 2055, for barging activities. ACBL consented to PF&T’s original permit and to this extension.
PF&T uses only 3± acres of the parcel for its staging activities, so a monthly fee of $6,500.00 is recommended. This fee represents the pro-rata share of 10% of the fair market value of nearby comparable sites.
Accordingly, it is requested that the Board of Commissioners authorize the issuance of a 9-month permit extension to Petroleum Fuel and Terminal Company to continue to stage and launch boats on 3± acres of District real estate located in Lockport, Illinois, known as Main Channel Parcel 15.05. Consideration shall be a monthly permit fee of $6,500.00.
It is further requested that the Acting Executive Director recommend to the Board of Commissioners that it authorize and direct the Chairman of the Committee of Finance and the Clerk to execute the permit extension agreement after it is approved by the General Counsel as to form and legality.
Requested, Susan T. Morakalis, General Counsel, STM:BJD:JAW: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 July 17, 2025
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