Meeting Name: Real Estate Committee Agenda status: Final
Meeting date/time: 6/27/2023 9:30 AM Minutes status: Final  
Meeting location: Cook County Building, Board Room, 118 North Clark Street, Chicago, Illinois
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
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23-0430 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 4/25/2023approvePass Action details Not available
23-0356 1  Previously Approved Item AmendmentPROPOSED PREVIOUSLY APPROVED ITEM AMENDMENT Department: Department of Planning and Development Request: Refer to Real Estate Committee Item Number: 22-0276 Fiscal Impact: $51,428.74 in additional tree mitigation revenue Account(s): N/A District(s): 14 Original Text of Item: PROPOSED LICENSE 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 twenty-two three smaller trees including six trees with no value. 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 supapprovePass Action details Not available