Title/Name/Summary
Seton Place Recapture Agreement Extension
History
The 1994 Seton Place subdivision recapture agreement is due to expire September 2009. This agreement has been previously amended/extended in 2004. The original developer of the subdivision, Mr. Theodore J. Cachey of T.J. Cachey Builders is requesting an extension of this agreement for another five years. This agreement is related to the cost of the sanitary sewer pumping station constructed in the mid-1990’s which currently provides sewer service for the following Orland Park developments:
Seton Place subdivision
Midwest Physician Group property
Shenandoah Meadows townhomes
Charleton Highlands subdivision
Tiara Glen subdivision
Ravinia Point Office Center (165th & LaGrange)
Per the agreement, the service area for the pumping station also includes nearby legally-described undeveloped properties. The aforementioned existing developments have paid their fair share of the recapture costs according to the agreement. Whereas the undeveloped areas described in the agreement which someday could be tributary to the pump station should still be required to pay their fair share of the benefit provided by the pump station, if they do indeed connect to the area served by the pump station. Therefore it would be acceptable for T.J. Cachey Builders to request another extension to the agreement in order to potentially recover the initial pump station construction costs.
It should be noted this pumping station is currently monitored and maintained by our Public Works Department. A $6149 pump replacement (of a then-rebuilt in 2001 pump) was approved by the Village Board April 2009 to keep this station in top operating condition.
This is now before the Village Board for consideration of an ordinance authorizing the amendment to the recapture agreement.
Recommended Action/Motion
I move to pass Ordinance Number 4500, entitled: AN ORDINANCE AUTHORIZING SECOND AMENDMENT TO RECAPTURE AGREEMENT (CACHEY - SETON PLACE)