Lake County, IL
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File #: 20-1563    Version: 1 Name: Old Lake County Fairground/Farm Bureau: Termination of Transportation Agreement
Type: resolution Status: Passed
File created: 10/22/2020 In control: Public Works, Planning & Transportation Committee
On agenda: Final action: 11/10/2020
Title: Joint resolution authorizing an agreement with the Village of Grayslake for the termination of a prior agreement, and its first amendment, related to transportation improvements for the development of the old Lake County Fairground and Farm Bureau properties.
Attachments: 1. 20-1563 Fairground - 2005 IGA, 2. 20-1563 Fairground - 2014 Amendment to 2005 IGA, 3. 20-1563 Fairground - 2020.08 - LCDOT Transportation Agreement Termination, 4. 20-1563 Fairground - Grayslake Fairground Transportation Termination Agreement, 5. 20-1563 Location Map, Fairground_Farm Bureau Property
Title
Joint resolution authorizing an agreement with the Village of Grayslake for the termination of a prior agreement, and its first amendment, related to transportation improvements for the development of the old Lake County Fairground and Farm Bureau properties.

Staff Summary
* In August 2005, the County and the Village of Grayslake entered into an agreement to address various transportation matters of mutual concerns, particularly in connection with the future development of the old Lake County Fairground and Farm Bureau properties.
* In March 2014, the County and the Village amended this agreement to establish the necessary areawide traffic improvements required for development, and amended the required contributions for those identified areawide traffic improvements.
* Since this time, economic changes and various roadway improvement activities have occurred, which make the agreement outdated and no longer relevant.
* The Village of Grayslake approved this agreement at its November 3, 2020 meeting.
* Future development of the old Lake County Fairground and Farm Bureau properties could be regulated by the Lake County Division of Transportation's access ordinance for access to Center Street and the Illinois Department of Transportation's permit process for access to US Route 45 and/or Illinois Route 120.

Body
R E S O L U T I O N

WHEREAS, On August 16, 2005, the County and the Village of Grayslake (Village) entered into an "Agreement for Transportation Improvements Between the Village of Grayslake and the County of Lake (Fairground/Farm Bureau Property)"; and

WHEREAS, On March 4, 2014, the County and the Village executed the "First Amendment to Agreement for Transportation Improvements Between the Village of Grayslake and the County of Lake (Fairground/Farm Bureau Property)"; and

WHEREAS, economic changes and various roadway improvement activities have occurred which make the Transportation Agreement and its First Amendment outdated and no longer re...

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