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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 ComEd, Grantee, to locate, operate and maintain 1,806 feet of new 4” conduit and cable, directional bored within the 95th Street/Archer Avenue intersection right-of-way (ROW), in the vicinity of Red Gate Woods. This new line is to replace an existing overhead line of similar length with the same end points that needs to be moved for the Illinois Department of Transportation (“IDOT”) intersection reconstruction project that is scheduled to start in the spring. There was no existing license for the existing line which is entirely within IDOT road right-of-way.
Term: Ten (10) years
License Fee: $60,946.28
License Application Fee: $1,500.00
Review Fee: $3,000.00
YELAR Fee: $7,350.00
Total one-time upfront fee of $72,796.28 for the term of the License (Sec. 5-2A-4 and 5-2B-4)
Tree Mitigation Fee: N/A
The area of the License is: 0.6219 Acre(s)
Concurrence(s): The Chief Financial Officer has approved this item. Final license agreement is subject to legal review and approval.
Grantee will be required to meet the insurance requirements under the License Agreement.
The Forest Preserves staff have reviewed this license application and plans and have found them to be acceptable; therefore, it is recommended that the Forest Preserves of Cook County Board of Commissioners approve the issuance of this license.
District(s):17
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