Title
AUTHORITY TO ENTER INTO A LEASE WITH THE METROPOLITAN WATER RECLAMATION DISTRICT FOR PROPERTY LOCATED AT 6000 N. LINCOLN AVENUE FOR THE EXPANSION OF PARK NO. 526
Body
To: The Honorable Board of Commissioners of the Chicago Park District
I. Recommendation
It is recommended that the Board of Commissioners of the Chicago Park District adopt an ordinance authorizing the General Superintendent, or his designee, to negotiate, enter into, and execute and take all action necessary to enter into a lease with the Metropolitan Water Reclamation District for the expansion of Park No. 526.
II. Agreement Information
Grantor: Metropolitan Water Reclamation District
100 Erie Street
Chicago, IL 60611
Transfer Type: Intergovernmental Property Transfer in accordance with 50ILCS 605/2(a) of the Local Government Property Transfer Act.
Granting Instrument: Lease or Lease Amendment
Agreements: Intergovernmental agreements, amendments to intergovernmental agreements and, if applicable, temporary right of entry, easements, restrictive covenants, and any other agreements or instruments necessary to comply with any restrictions of record for a portion or the entirety of the Property and the transfer of funds for development.
Authorization: Authorize the General Superintendent to negotiate, enter into, and execute such intergovernmental agreements, amendments to intergovernmental agreements, indemnities, and instruments and perform any and all acts as shall be necessary or advisable in connection with the transactions described herein, including compliance with existing easements, if any, filing of street and alley vacation or dedication applications, plats of dedication, and other applicable requirements. Authorize the General Counsel to include other relevant terms and conditions in the written agreements, amendments and transfer instruments. Authorize the Secretary to attest as to the signing of the Agreements and transfer instruments and ...
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