Title
Payment for Utility Easements (East Side of LaGrange Road) - Ordinance
History
As part of the ComEd burial of overhead wires along LaGrange Road from 144th Place to 147 Street, three easements are required for the relocation of switchgear equipment. Professional appraisals and negotiation with two of the property owners have been completed. The owner of Essence Suites has agreed to compensation in the amount of $10,000 for the 336 square foot permanent easement which was appraised at $9,100 and the owner of the Burger King site has agreed to compensation in the amount of $6,000 for the 300 square foot permanent easement appraised at $6,000. Negotiation for the third permanent easement is ongoing.
ComEd has started work in other areas of the LaGrange Road Corridor. They intend on working in this area in the coming weeks. Payment and recording of the easement documents are required to facilitate and advance this work. Therefore, on March 18, 2013, at 6:00 p.m. this item went to the Public Works and Engineering Committee for review prior to being sent at 7:00 p.m. to the Board of Trustees for approval.
Financial Impact
Funds are available within the 2013 Capital Improvement Fund for this work.
Recommended Action/Motion
I move to pass Ordinance Number 4803, entitled: AN ORDINANCE AUTHORIZING PAYMENT FOR UTILITY EASEMENTS (EAST SIDE OF LAGRANGE ROAD - BURGER KING AND ESSENCE SUITES)