Title
Joint resolution authorizing the disposal of excess property located at the northeast corner of Rollins Road at Illinois Route 83 in the Village of Round Lake Beach, Illinois, via a quitclaim deed to Front Royal DRD522, LLC.
Staff Summary
* Lake County owns a parcel of property, approximately 0.648 acres at the northeast corner of Rollins Road at Illinois Route 83 in the Village of Round Lake Beach.
* This parcel was acquired in 2013 as part of the Rollins Road at the Canadian National Railway grade separation project and is no longer needed for current or future transportation purposes.
* On March 8, 2017, the Public Works and Transportation Committee endorsed an Excess Property Disposal Policy that allows the County Engineer to identify county-owned, but no longer needed, property and dispose of it by sale to private parties or by transfer to other government agencies in accordance with state law.
* On September 6, 2023, this parcel was presented to the Public Works and Transportation Committee for disposal consideration. The committee consensus was for staff to proceed with the disposal process.
* This excess parcel received a total of two bids via public auction, ranging from $425,000 to $428,000, and the highest bidder was Front Royal DRD522, LLC, in the amount of $428,000.
Body
RESOLUTION
WHEREAS, Lake County owns a parcel of property at the northeast corner of Rollins Road and Illinois Route 83, designated by pin number 06-15-100-025 and is approximately 0.648 acres, in the Village of Round Lake Beach, Illinois; and
WHEREAS, this parcel was acquired in 2013 as part of the Rollins Road at the Canadian National Railway grade separation project; and
WHEREAS, a portion of this parcel will be retained as highway right-of-way and the remainder is no longer needed for current or future transportation purposes; and
WHEREAS, the Lake County Public Works and Transportation Committee endorsed an Excess Property Disposal Policy at its regular meeting on...
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