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File #: 22-0368    Version: 1 Name:
Type: License Request Status: Approved
File created: 8/24/2022 In control: Real Estate Committee
On agenda: 9/20/2022 Final action: 10/18/2022
Title: PROPOSED LICENSE REQUEST Request: Requesting authorization for the Forest Preserves of Cook County (the "Forest Preserves"), as Licensor to grant a License to Nicor Gas Company, Grantee, to locate, operate and maintain natural gas pipeline on Lee Road, 1,039 feet of which is new replacement pipe and an additional 1,759 feet of existing pipe, all of which were included in License #279 issued in 1946. Term: Ten (10) years License Fee: $88,641.87 License Application Fee: $1,500.00 License Review Fee: $3,000.00 YELAR Fee: $6,900.00 Additional Fee: $16,000.00. This fee is to support ecological work in Chipilly Woods. Total one-time upfront fee of $116,041.87 for the term of the License Tree Mitigation Fee: N/A The area of the License is: 0.9635 acre 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 F...
Indexes: ARNOLD RANDALL, General Superintendent
Attachments: 1. Location Map - Nicor - Lee Rd, 2. plans, 3. Fee calculation_Nicor_Lee Rd

title

PROPOSED LICENSE REQUEST

 

Request: Requesting authorization for the Forest Preserves of Cook County (the “Forest Preserves”), as Licensor to grant a License to Nicor Gas Company, Grantee, to locate, operate and maintain natural gas pipeline on Lee Road, 1,039 feet of which is new replacement pipe and an additional 1,759 feet of existing pipe, all of which were included in License #279 issued in 1946.

 

Term: Ten (10) years

                                          

License Fee: $88,641.87

 

License Application Fee: $1,500.00

 

License Review Fee: $3,000.00

 

YELAR Fee: $6,900.00

 

Additional Fee: $16,000.00. This fee is to support ecological work in Chipilly Woods.

 

Total one-time upfront fee of $116,041.87 for the term of the License

 

Tree Mitigation Fee:  N/A

 

The area of the License is:  0.9635 acre

 

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):  14

end