Submitted By
David Mann, Plan Commission Chair through Tammie Grossman, Development Customer Services Director
Reviewed By
LKS
Agenda Item Title
Title
Concur with the Plan Commission's Recommendation and Adopt an Ordinance Authorizing the Vacation of an Alley South of 505 Washington Boulevard and North of 437-443 South Scoville Street/500-512 Madison Street in the Village of Oak Park, Cook County, Illinois
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Overview
Overview
The Applicant is requesting to vacate an existing east-west oriented public alley (15 feet x 366 feet) for the purpose of advancing their future campus development. The alley currently serves the needs of Fenwick High School and two privately-owned residential buildings adjacently south which abut Madison Street and Scoville Avenue. This is a companion application to Ordinance 19-16 (Planned Development for Parking Garage).
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Recommendation
Recommendation
The Plan Commission unanimously recommends approval of the alley vacation as stated in the Findings of Fact report.
Body
Staff Recommendation
Accept the Plan Commission's recommendation and adopt the Vacation Ordinance with the averaged appraisal fee of $25,500 using Jack Carpenter Realty and Muriello Appraisal appraisals referenced below. The Grimes appraisal mentioned below considers the subject alley to be similar in value as zoned parcels of land that were consolidated with abutting zoned property for possible building expansion purposes. In this case the alley will be used for access to their proposed parking garage and used by the multiple family building occupants at Scoville and Madison for garbage and deliveries. The remaining portion will become incorporated into an open space campus area.
Fiscal Impact
The Village may receive compensation for the vacation of a public right of way. It has been the Village's policy to request two land appraisals for consideration. Attached to this item are three appraisals; one conducted independently by Grimes Real Est...
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