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Meeting Name: Real Estate Committee Agenda status: Final
Meeting date/time: 1/26/2021 9:30 AM Minutes status: Final  
Meeting location: Virtual Meeting
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments: Click here to provide comment, Click to watch live
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
21-0133 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 12/15/2020approvePass Action details Not available
20-0451 1 The Illinois State Toll Highway AuthorityIntergovernmental AgreementPROPOSED INTERGOVERNMENTAL AGREEMENT Department: Department of 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 temporary partial closure of the Salt Creek Trail associated with reconstruction of I-294 adjacent to Bemis Woods. Agreement Number(s): N/A Agreement Period: Construction period and temporary easement from 1/1/2021 - 12/31/2025. The permanent easement will continue indefinitely (perpetual). Fiscal Impact: $2,290,102.79 (Revenue Generating). This amount represents the following: (1) Permanent and Temporary easements - $44,000.00 (appraised value); and (2) tree mitigation (estimate for 431 trees) - $2,246,102.79. In-kind contributions by Tollway for ecological restoration, gateway signs have an estimated value of over $350,000.approvePass Action details Not available