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PROPOSED AGREEMENT (TRANSPORTATION AND HIGHWAYS)
Department: Transportation and Highways
Other Part(ies): Vequity LLC-Series XLII 630 Rand.
Request: Approval of Proposed Highway Authority Agreement
Goods or Services: Extraction
Location: 630 W. Rand Road, Mount Prospect, Illinois
Section Number: N/A
County Board District: 9
Centerline Mileage: N/A
Agreement Period: One-time agreement
Agreement Number(s): N/A
Fiscal Impact: None
Accounts: N/A
Summary: The Department of Transportation and Highways respectfully requests approval of the Proposed Agreement between the County and Vequity LLC-Series ILII 630 Rand. Vequity operates underground fuel storage tanks at 630 W. Rand Road. The agreement governs how the Department and owner of the land remediate possible contamination of the land and how construction can be commenced. Furthermore, the County will restrict the extraction of potable water from its highway right-of-way at this location, inform Permittees of the proscribed status of the referenced location and require that Permittees properly dispose of excavated soil. The Agreement further makes provisions for reimbursement of expenses incurred by the County should the Department of Transportation and Highways be required in the course of normal maintenance to expose and dispose of contaminated soils.
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