Title/Name/Summary
Ordinance for Eminent Domain of 9441 159th Street - Former KFC Restaurant
History
The Village of Orland Park has been working with the property owner to acquire the former KFC site at 9441 159th Street. The property has been vacant and unused since November 7, 2023.
As such, the Village has been in negotiations with the owner to purchase the property. The purchase of the property is intended to help foster economic development and redevelopment of the subject property. This will also remove the blighted condition of the property.
The owner of the property and the Village have been unable to come to terms on the purchase of the property. As a result, it is recommended the Village pursue eminent domain. Pursuant to 65 ILCS 5/11-11-1, 65 ILCS 5/11-61-1 and 65 ILCS 5/11-74.4-1 et.seq., it is appropriate, advantageous and useful to the Village for the removal of blight and for the general public welfare to acquire, by eminent domain, the properties at 9401 159th St and 9441 159th St for rehabilitation and redevelopment. Both properties have been vacant for at least 24 months and while 9401 shows much further evidence of blight than 9441, it is desirable that the properties be acquired as an assemblage for redevelopment purposes.
Financial Impact
The cost of pursuing eminent domain will be determined by one or more appraisal(s) of the subject property and determined by a judge, plus legal and other real estate processing costs.
Recommended Action/Motion
1. Motion to remove from table:
I move to take from the table the Ordinance for Eminent Domain of 9441 159th Street - Former KFC Restaurant.
2. Motion to adopt ordinance:
I move to adopt an Ordinance entitled: AN ORDINANCE AUTHORIZING ACQUISITION OF PROPERTY BY EMINENT DOMAIN AT 9441 159TH STREET.