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PROPOSED LICENSE REQUEST
Request: Requesting authorization for the Forest Preserves of Cook County (the "Forest Preserves"), as Licensor to grant a License to the Village of Schiller Park ("the Village"), Grantee, to locate, operate and maintain a 227-foot-long and 16.5-foot-wide paved access road along the west side of the east half of vacated Boylan Avenue in Catherine Chevalier Woods, on Forest Preserves' land that is currently in degraded condition. The access road will provide fire and emergency access, as well as parking access, for the 5035 N. River Road, LLC building, which is being redeveloped from a vacant industrial building to a banquet hall. The Village indicates that three (3) trees are proposed for removal, with a Tree Mitigation value of $13,063.17. The proposed License is related to the sale of two (2) nearby surplus parcels. On November 2, 2018, 5035 N. River Road, LLC purchased the Preserves' Surplus Parcel A, an isolated 0.201-acre tract adjacent to the building, for $93,000.00 (Agenda Item 18-0347) and the Village has agreed to purchase an isolated 2.7-acre surplus parcel on the west side of River Road (Surplus Parcel 12), currently used by the Village as part of Stalica Park (Agenda Item 19-0122)
In light of the 5035 N. River Road, LLC's recent purchase of Surplus Parcel A, which was facilitated by the Village, and the Village's proposed purchase of Surplus Parcel 12, the Village also hereby requests that the Forest Preserves agree not to object to the future vacation or sale of any portion of Florence Ave that is adjacent to Forest Preserves property.
Term: Ten (10) years
License Fee: $7,222.73
License Application Fee: $500.00
License Review Fees: $7,000.00
YELAR Fee: $6,300.00
Total one-time upfront fee of $21,022.73 for the term of the License
(Sec. 5-2A-4 and 5-2B-4)
Tree Mitigation Fee: $13,063.17
The area of the License is: 0.086 acre
Concurrence(s):
The Chief Financial Officer has approved this item. Final agr...
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