Lake County Illinois - File #: 10-1360

• File #: 10-1360
• Version: 1
• Name: HW Recapture and Settlement Agreement
• Type: resolution
• Status: Passed
• File created: 12/28/2010
• In control: Public Works and Transportation Committee
• Final action: 1/11/2011
• Title: Joint resolution authorizing execution of a Recapture and Settlement Agreement between the County, the Village of Hawthorn Woods, Aqua Illinois, Inc., United Land Development, Amcore Investment Group, Parcel One Properties, Kemper Lake Golf Club, the Sanctuary Club, and Pirtano Construction Company.

Date	Ver.	Action By	Action	Result
1/11/2011	1	Lake County Board	adopted	Pass
1/5/2011	1	Financial & Administrative Committee	recommended for adoption to the consent agenda	Pass
1/5/2011	1	Public Works and Transportation Committee	approved and referred on to the Financial and Administrative Committee	Pass

Title
Joint resolution authorizing execution of a Recapture and Settlement Agreement between the County, the Village of Hawthorn Woods, Aqua Illinois, Inc., United Land Development, Amcore Investment Group, Parcel One Properties, Kemper Lake Golf Club, the Sanctuary Club, and Pirtano Construction Company.

Staff Summary
· The County owns and operates a water distribution system that serves approximately 224 properties within the Hawthorn Woods Glennshire Water System.
· Pirtano Construction constructed the water distribution main along Old McHenry Road that was designed to provide potable water to several properties along Old McHenry Road, one of which is the Glennshire System.
· A Recapture and Settlement Agreement was established by which the cost of construction of the Old McHenry Road distribution main would be apportioned among the properties and developments along and adjacent to Old McHenry Road which will or may in the future benefit from the water main.
· This resolution authorizes the execution of a Recapture and Settlement Agreement between the County, the Village of Hawthorn Woods, Aqua Illinois, Inc., United Land Development, Amcore Investment Group, Parcel One Properties, Kemper Lake Golf Club, the Sanctuary Club, and Pirtano Construction Company that establishes the terms and conditions upon which the recapture costs will be distributed by and among the Parties for the Old McHenry Road water distribution main.

Body
R E S O L U T I O N

WHEREAS, the County of Lake (County) owns and operates a water supply and distribution system that serves approximately two hundred twenty-four (224) properties within the Hawthorn Woods Glennshire Water System; and

WHEREAS, Pirtano Construction constructed a water distribution main along Old McHenry Road that was designed to provide potable water to several properties along and adjacent to Old McHenry Road; and

WHEREAS, the Hawthorn Woods Glennshire Water System was connected to the Old McHenry water distribut...