TRANSMITTAL LETTER FOR BOARD MEETING OF OCTOBER 19, 2023
COMMITTEE ON STORMWATER MANAGEMENT
Mr. Brian A. Perkovich, Executive Director
Title
Authority to amend the intergovernmental agreement with the Village of Lyons for the acquisition of flood-prone properties (21-IGA-24)
Body
Dear Sir:
Authority to amend the intergovernmental agreement (IGA) with the Village of Lyons (Village) for the acquisition of flood-prone properties (21-IGA-24). Under this project, the Village originally proposed to acquire twenty-five flood-prone properties that are depicted in the attached Exhibit 1.
On June 2, 2022, the Board of Commissioners granted authority to enter into an IGA with and make payment to the Village of Lyons for the acquisition of flood-prone properties, in an amount not to exceed $3,000,000.00. The IGA between the District and the Village was fully executed on October 7, 2022.
Since execution of the IGA, the Village has purchased an additional property not listed in the IGA. The Village is requesting to amend the IGA language and exhibits that reference the flood-prone properties in Exhibit 1 and replace it with language and exhibits to acquire the additional flood-prone property shown in Exhibit 2. The District has determined that the additional flood-prone property shown in Exhibit 2 meets our flood-prone property acquisition criteria and said property has already been closed on by the Village.
Based on the foregoing, it is recommended that the District be authorized to amend the IGA with the Village. It is requested the Board of Commissioners authorize and direct the Chairman of Committee on Finance and Clerk to execute the amendment to the IGA after it is approved by the Director of Engineering as to technical matters and by the General Counsel as to form and legality.
Requested, Catherine A. O’Connor, Director of Engineering, KMF:JK
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 October 19, 2023
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