TRANSMITTAL LETTER FOR BOARD MEETING OF JANUARY 9, 2025
COMMITTEE ON REAL ESTATE
Mr. Brian A. Perkovich, Executive Director
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Authority to pay relocation costs in an amount not to exceed $74,000.00 to Rose B. Smith, the owner of the real estate commonly known as 15321 Myrtle Avenue in Harvey, Illinois, for the construction of the Central Park Stormwater Detention Basin and Separate Storm Sewer Improvements in Harvey, Illinois (Contract 18-249-AF) Account 501-50000-667330, Stormwater Management Fund
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Dear Sir:
On September 19, 2024, the Board of Commissioners authorized the purchase of the real estate commonly known as 15321 Myrtle Avenue in Harvey, Illinois for the construction of the Central Park Stormwater Detention Basin and Separate Storm Sewer Improvements in Harvey, Illinois (Contract 18-249-AF) and authorized relocation costs to the owner, Rose B. Smith, in an amount not to exceed $70,000.00, as estimated by the District’s relocation consultant, Polk & Associates, LLC. That estimated amount was subject to adjustment based upon the actual costs incurred.
On October 23, 2024, the District closed on the property and Ms. Smith secured replacement housing shortly thereafter. The mortgage interest differential between the old mortgage to the newly obtained mortgage was higher than previously estimated by the relocation consultant. Therefore, an increase in the amount of $4,000.00 is requested to cover this increase, which is authorized under the federal Uniform Relocation Assistance and Real Property Acquisition Policies Act.
Accordingly, it is requested that the Executive Director be authorized to make intermittent payments to the owner, in an amount not to exceed $74,000.00, for eligible costs in connection with relocation, as provided for in the federal 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:BJD:MSZ: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 January 9, 2025
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