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File #: 22-0276    Version: 1 Name:
Type: License Request Status: Approved
File created: 5/23/2022 In control: Real Estate Committee
On agenda: 6/14/2022 Final action: 9/20/2022
Title: 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 2,585 feet of underground electric cable and 875 feet of pole-mounted electric cable along Dundee and Lee roads in Northbrook, Illinois. The cable will replace some existing line and add new line to improve access and response time to outages. The work would require removal of three smaller trees. No trail closures are anticipated. Term: Ten (10) years License Fee: $109,614.33 License Application Fee: $1,500.00 License Review Fees: $3,000.00 YELAR Fee: $6,900.00 Additional Fee: $20,000.00. This fee is to support ecological restoration work in Chipilly Woods. Total one-time upfront fee of $141,014.33 for the term of the License Tree Mitigation Fee: $1,655.77 The area of the License is: 1.1915 Acres Concurrence(s): The Chief Financial Officer has approved this ...
Attachments: 1. ComEd location map , Northbrook project, 2. LURSF_ComEd_Chippily Woods Northbrook, 3. License Fees - ComEd Northbrook

title

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 2,585 feet of underground electric cable and 875 feet of pole-mounted electric cable along Dundee and Lee roads in Northbrook, Illinois. The cable will replace some existing line and add new line to improve access and response time to outages. The work would require removal of three smaller trees. No trail closures are anticipated.

 

Term:                     Ten (10) years

                                          

License Fee:                     $109,614.33 

 

License Application Fee:  $1,500.00

 

License Review Fees: $3,000.00

 

YELAR Fee:  $6,900.00

 

Additional Fee: $20,000.00. This fee is to support ecological restoration work in Chipilly Woods.

 

Total one-time upfront fee of $141,014.33 for the term of the License

 

Tree Mitigation Fee:  $1,655.77  

 

The area of the License is:  1.1915 Acres

 

Concurrence(s):

The Chief Financial Officer has approved this item. Final 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):  14

end