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File #: ORD 22-4    Name:
Type: Ordinance Status: Passed
In control: President and Board of Trustees
On agenda: 1/18/2022 Final action: 1/18/2022
Title: Concur with the Plan Commission's Recommendation and Adopt an Ordinance Authorizing the Vacation of a Certain Portion of Van Buren Street located between Austin Boulevard and the North-South Alley West of 7 Van Buren Street in the Village of Oak Park, Cook County, Illinois
Attachments: 1. Ordinance, 2. Findings of Fact, 3. Plat of Vacation, 4. Application, 5. Minutes - October 7, 6. Minutes - November 4, 7. Minutes - December 2, 8. Minutes - December 16, 9. Staff Report, 10. Appraisal - Village, 11. Appraisal - Applicant
Submitted By
Plan Commission through Tammie Grossman, Director, Development Customer Services

Reviewed By
AMZ

Agenda Item Title
Title
Concur with the Plan Commission's Recommendation and Adopt an Ordinance Authorizing the Vacation of a Certain Portion of Van Buren Street located between Austin Boulevard and the North-South Alley West of 7 Van Buren Street in the Village of Oak Park, Cook County, Illinois

End
Overview
Overview
Oak Park Residence Corporation submitted a request to vacate a portion of Van Buren Street associated with their proposed residential development located at 7 Van Buren Street. This is a companion ordinance with ORD 22-3 regarding a planned development application.

End
Recommendation
Recommendation
The Plan Commission recommends approval of the partial street vacation with a vote of 6-2 as stated in the findings of fact report attached hereto.

Body
Staff Recommendation
Staff supports the Plan Commission's recommendation.

Fiscal Impact
Two apprasials have been presented as part of this request; one by the applicant and one by the Village of Oak Park. It is standard procedure for the Village Board to take an average of the two, however, the Village Board can choose either of the stated values for the vacated right-of way. The appraisal prepared for the Village from Mr. Michael Grimes valued the proposed vacated right-of-way to be $64,000. The appraisal prepared for the applicant from Integra Realty Resources valued the proposed vacated right-of-way to be $50,000. The average of the two appraisals is $57,000.

Background
The proposed development is located within the R-7 Multiple-Family Zoning District at the southwest corner of Van Buren Street and Austin Boulevard. The development proposal consists of a six-story building with the majority being brick and glass with an attached photovoltaic array of solar panels positioned above the roof and along the south side of the building. The building height, measured at the fl...

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