Submitted By
Cara Pavlicek, Village Manager
Reviewed By
CLP
Agenda Item Title
Title
An Ordinance Approving an Intergovernmental Cooperation Lease Agreement between the Village of Oak Park and the Park District of Oak Park for the Lease of Stevenson Park for a 99 Year Term and Authorizing its Execution
End
Overview
Overview
The Village and Park District have negotiated a 99 year lease of the Village owned property commonly known as Stevenson Park. The Village retains certain rights per the Lease due to the location of its water reservoirs on the property. The Lease allows the Park District to operate the property as a park.
Body
Staff Recommendation
Adopt the Ordinance.
Fiscal Impact
The Intergovernmental Agreement provides for the lease of the property for 99 years for $1 to the Park District.
Background
Since the establishment of the Park District in 1912 and the Village's Recreation Department in 1926, both the Village and Park District shared responsibilities for providing park and recreation and programs. Each acquired land and established parks. In the late 1970's and early 1980's, the Village's formally dissolved their Recreation Department and shifted all responsibilities to the Park District.
In an agreement in 2005 between the Village and Park District, the Village agreed to formally transfer remaining parkland property owned by the Village to the Park District. The Village also committed to lease the surface and air space at Stevenson Park to the Park District for 99 years and the Village would maintain of the land due to the Village's two water reservoirs located at the Park beneath the surface. The Lease memorializes these provisions and also provides that the Park District will provide to the Village space at the Rehm Pool parking lot for the storage and distribution to residents of mulch, wood chips and compost materials. The Ordinance authorizes the Village Manager to execute any required documents related to a State of Illi...
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