Title
Joint resolution authorizing an Intergovernmental Agreement (IGA) with the Village of Mundelein ("Village") for the purpose of purchasing the property to construct a water reservoir.
Staff Summary
* In January 2021, the Committee authorized Public Works to pursue the purchase of a 5.45-acre site owned by the Village of Mundelein, that is within the Vernon Hills village limits, to support the construction of a two-million-gallon water reservoir which will expand the storage capacity of the Village of Vernon Hills water system.
* The Village of Mundelein is supportive of the project and on March 8, 2021, its Board approved an IGA to sell the property to the County at a negotiated price of $425,000.
* The IGA establishes the terms and conditions of the closing of the transaction and an easement is granted to the Village for access to its existing buried sewer main and authorizes the Chair of the County Board and the County Clerk to execute said agreement.
Body
R E S O L U T I O N
WHEREAS, the County of Lake (County) owns, operates, and maintains the Vernon Hills water system; and
WHEREAS, the water system serves 25,000 residents of the Village of Vernon Hills and surrounding areas; and
WHEREAS, the area requires additional storage capacity to protect users in the event of increased water demand or emergency circumstances; and
WHEREAS, an abandoned Mundelein Water Reclamation Facility on a 5.45 parcel in Vernon Hills has been identified as the most appropriate site for the construction of two-million-gallon water reservoir which will expand the storage capacity of the Vernon Hills water system and provide it with improved reserves; and
WHEREAS; the County agreed to pay, and the Village of Mundelein agreed to accept, the amount of $425,000 for the parcel, and
WHEREAS, the Intergovernmental Agreement establishes the terms and conditions of the closing of the transaction and an easement is granted to the Village for access to its existing buried sew...
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