Title/Name/Summary
14360 Lagrange Road - Approval of Highway Authority Agreement
History
The Village has been working with Shell Oil Products US and the Illinois Environmental Protection Agency (IEPA) to finalize the environmental remediation and No Further Remediation (NFR) letter for property located at 14360 S. LaGrange Road (former Shell Station). This property operated as a gas station for a number of years resulting in the need for environmental remediation. In order for this property to be redeveloped, a Highway Authority Agreement and Limited Environmental Indemnity Agreement is required. The Village Attorney has worked with Shell to finalize the agreements. These agreements will allow the issuance of a NFR letter from the IEPA. The agreements also outline, in detail, Shell Oil Products and the Village’s responsibilities as it relates to future work that may be required to be done within the ROW. Additionally, the Indemnity Agreement holds Shell responsible and releases the Village from any claims.
The approval of these agreements will allow the property to be purchased and redeveloped by Miroballi Shoes. Miroballi has formally filed their petition to construct a 10,000 square feet retail center at this site, which will be the new home of Miroballi shoes and other tenants. Miroballi has been scheduled for their public hearing before the Plan Commission on September 13th, 2011. This property has been vacant for almost a decade.
Recommended Action/Motion
I move to approve the Highway Authority Agreement and Limited Environmental Indemnity Agreement concerning property located at 14360 S. LaGrange Road.