Title
Joint resolution approving the transfer of county property that is in the vicinity of Russell Road and I-94/US Rte. 41 in unincorporated Lake County to the State of Illinois to facilitate the future improvements by IDOT of the interchange of I-94/US Rte. 41 at Russell Road, at the total value of $6,500.
Staff Summary
· Russell Road at I-94 and US Rte. 41; Transfer of County Property to IDOT.
· Lake County will transfer 0.017 acres to the Illinois Department of Transportation for the improvement of the interchange of I-94/US Rte. 41 at Russell Road.
· The total value is $6,500.
Body
R E S O L U T I O N
WHEREAS, Lake County is the owner of a parcel of land, 81.011 acres, Pin # 03-03-300-007 that is situated along Russell Road east of I-94/US Rte. 41, in unincorporated Lake County; and
WHEREAS, a portion of said county parcel is now needed by the Illinois Department of Transportation, IDOT, for their future improvement of the interchange of I-94/US Rte. 41 at Russell Road; and the portion of said county parcel is 0.017 acres identified by IDOT as Parcel No. 1H80103 and is situated immediately adjacent to Russell Road, in unincorporated Lake County, as depicted in the Plat of Highways attached hereto and denoted as Attachment A; hereinafter the Russell Road parcel; and
WHEREAS, the Public Works and Transportation Committee has determined that the best interest of Lake County would be served by conveying to the State of Illinois, Lake County’s interest in said Russell Road parcel; and
WHEREAS, pursuant to the Local Government Property Transfer Act, 50 ILCS 605/4, the county may transfer all of its right, title, interest in the said Russell Road parcel to the State of Illinois acting by and through its Department of Transportation, IDOT, upon such terms as may be agreed upon by the corporate authorities of the county and IDOT and subject to the provision of such act; and
WHEREAS, IDOT’s appraised value and compensation offer to Lake County and for the ...
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