File #: 18-6221    Version: 1 Name: Illinois State Toll Highway Authority
Type: Intergovernmental Agreement Status: Approved
File created: 10/1/2018 In control: Asset Management Committee
On agenda: 10/17/2018 Final action: 11/14/2018
Title: PROPOSED INTERGOVERNMENTAL AGREEMENT Department: Real Estate Management Other Part(ies): Illinois State Toll Highway Authority Request: Request to Enter into Intergovernmental Agreement Goods or Services: Transfer of Real Property Agreement Number(s): N/A Agreement Period: One-Time Agreement Fiscal Impact: None Accounts: N/A Summary: An intergovernmental agreement between the County of Cook and Illinois State Toll Highway Authority for the transfer of three land parcels to the County at no cost. The parcels have been declared excess by the Tollway and the County will acquire the parcels as part of its redevelopment efforts to potentially create a multimodal transportation facility for public use at the Rosemont Transit Center. Authority for this property transfer is permitted under the Local Government Property Transfer Act (50 ILCS 605/1 et seq.), the Intergovernmental Cooperation Act (5 ILCS 220/1 et seq.), and Article VII, Section 10 of the Illinois Co...
Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

title

PROPOSED INTERGOVERNMENTAL AGREEMENT

 

Department:  Real Estate Management  

 

Other Part(ies):  Illinois State Toll Highway Authority 

 

Request:  Request to Enter into Intergovernmental Agreement  

 

Goods or Services:  Transfer of Real Property

 

Agreement Number(s):  N/A

 

Agreement Period:  One-Time Agreement 

 

Fiscal Impact:  None 

 

Accounts:  N/A

 

Summary:  An intergovernmental agreement between the County of Cook and Illinois State Toll Highway Authority for the transfer of three land parcels to the County at no cost. The parcels have been declared excess by the Tollway and the County will acquire the parcels as part of its redevelopment efforts to potentially create a multimodal transportation facility for public use at the Rosemont Transit Center. Authority for this property transfer is permitted under the Local Government Property Transfer Act (50 ILCS 605/1 et seq.), the Intergovernmental Cooperation Act (5 ILCS 220/1 et seq.), and Article VII, Section 10 of the Illinois Constitution.

 

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