TRANSMITTAL LETTER FOR BOARD MEETING OF MAY 16, 2019
COMMITTEE ON REAL ESTATE
Mr. Brian A. Perkovich, Executive Director
Title
Authorization to amend Board Order of December 6, 2018 regarding authority to purchase the real estate commonly known as 1533 North 43rd Avenue in Stone Park, Illinois for the construction of the Addison Creek Channel Improvement Project (Contract 11-187-3F) and authority for payment to Eduardo De La Rosa Cruz and Aneydi Olea, the owners of said real estate, in an amount of $285,500.00, plus closing costs, and relocation costs in an amount not to exceed $53,899.00, to increase relocation costs in the amount of $6,311.00 from $53,899.00 to $60,210.00, Account 401-50000-656010, Capital Improvements Bond Fund, Agenda Item No. 44, File No. 18-1274
Body
Dear Sir:
At the Board meeting of December 6, 2018, the Board of Commissioners duly ordered the above stated action, Agenda Item No. 44, File No. 18-1274.
The Board Order of December 6, 2018 authorized the Executive Director to make intermittent payments to the owners and tenants of the real estate commonly known as 1533 North 43rd Avenue in Stone Park, Illinois, in an amount not to exceed $53,899.00, for eligible costs in connection with relocation, as provided for in the Uniform Relocation Assistance and Real Property Acquisition Policies Act.
Since the Board meeting of December 6, 2018, the owners have purchased a replacement dwelling and both the owner and tenants have vacated the property. The District’s relocation consultant, Urban Relocation Services, Inc., has determined that the owners qualify for a Mortgage Interest Differential Payment because of increased mortgage interest costs on their replacement dwelling. In order to make this additional payment to the owners, the total relocation costs must be increased by $6,311.00.This payment is required to be paid by the Uniform Relocation Assistance and Real Property Acquisition Policies Act, and the amount was calculated using the eligibility criteria set forth in said Act. All other information provided in the transmittal letter is correct.
Accordingly, it is recommended that the aforementioned Board order of December 6, 2018 be amended to increase the maximum relocation costs payable to the owner and tenants in the amount of $6,311.00, for a total amount not to exceed $60,210.00, as provided for in the Uniform Relocation Assistance and Real Property Acquisition Policies Act.
Requested, Susan T. Morakalis, General Counsel and Catherine A. O’Connor, Director of Engineering; STM:CAO:EMA:BJD:CN:nm
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 May 16, 2019