Meeting Name: Real Estate Committee Agenda status: Final
Meeting date/time: 4/23/2019 9:45 AM Minutes status: Final  
Meeting location: Cook County Building, Board Room 118 North Clark Street, Chicago, Illinois
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
Attachments: PROPOSED AMENDMENT FILE #19-0185.pdf
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
19-0239 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 3/19/2019approvePass Action details Not available
19-0185 1 The Illinois State Toll Highway AuthorityIntergovernmental AgreementPROPOSED INTERGOVERNMENTAL AGREEMENT Department: Planning and Development Other Part(ies): The Illinois State Toll Highway Authority Request: Authorization for the Forest Preserves of Cook County (the “Forest Preserves”) to enter into an Intergovernmental Agreement with the Illinois State Toll Highway Authority (the “Tollway”). Goods or Services: Proposed permanent and temporary easements, tree removal, and partial closure of the John Husar I & M Canal Trail. Agreement Number(s): N/A Agreement Period: Construction period and temporary easement from 5/1/2019 - 12/31/2023. The permanent easement continues indefinitely. Perpetual Fiscal Impact: $979,616.00 (Revenue Generating). This amount represents the following: (1) Permanent and Temporary easements - $736,226.00 (appraised value); (2) tree mitigation (estimate for 56 trees)- $143,390.00, and (3) additional contribution for trailhead amenities and trail patching $100,000.00. In-kind contribution by Tollway via trail and parking lot rehabilitation has an estimated value of $950,000.00 $985,000.00. Accounts:amendPass Action details Not available
19-0185 1 The Illinois State Toll Highway AuthorityIntergovernmental AgreementPROPOSED INTERGOVERNMENTAL AGREEMENT Department: Planning and Development Other Part(ies): The Illinois State Toll Highway Authority Request: Authorization for the Forest Preserves of Cook County (the “Forest Preserves”) to enter into an Intergovernmental Agreement with the Illinois State Toll Highway Authority (the “Tollway”). Goods or Services: Proposed permanent and temporary easements, tree removal, and partial closure of the John Husar I & M Canal Trail. Agreement Number(s): N/A Agreement Period: Construction period and temporary easement from 5/1/2019 - 12/31/2023. The permanent easement continues indefinitely. Perpetual Fiscal Impact: $979,616.00 (Revenue Generating). This amount represents the following: (1) Permanent and Temporary easements - $736,226.00 (appraised value); (2) tree mitigation (estimate for 56 trees)- $143,390.00, and (3) additional contribution for trailhead amenities and trail patching $100,000.00. In-kind contribution by Tollway via trail and parking lot rehabilitation has an estimated value of $950,000.00 $985,000.00. Accounts:approve as amendedPass Action details Not available