Downtown Redevelopment
Land Acquisition
The Redevelopment Project Area is bound by Olde Half Day Road
on the north and the southeast corner of Route 22 and Milwaukee
Avenue on the south, the actual area of land acquisition was contained
within an area bound by Indian Creek on the north and Route 22
on the south (excluding the Marathon gas station). A total of ten
land parcels were obtained for the proposed project. This acquisition
area included the small area of developable land north of the creek
that has been owned by the Village for the past three years and
was the site of the former vehicle emissions test station. The
southeast corner of Route 22 and Milwaukee Avenue, on the other
hand, is a private property in which the property owner had been
working with the Teng/Forrest partnership on a private land deal
incorporating a proposed Jewel grocery store. However, this part
of the development venture was unsuccessful.
The Village has obtained ownership of these ten properties with
the goal of transferring that ownership to a developer once they
are prepared to begin site preparation and construction of an approved
plan. The value of this land will represent a significant portion
of the Village's contribution to a development proposal on this
property.
Approximately two years ago, the Village sought, and obtained,
the authority from the State to utilize the Quick-Take eminent
domain procedure. This was seen as an important tool in moving
the Downtown project along in a timely fashion. This process allowed
the Village the opportunity to receive title to property, based
upon an appraisal and a court's decision on a preliminary compensation
for that property. This eliminated the opportunity for a property
owner to unreasonably detain the Village from moving forward by
stalling the land acquisition with legal procedures. The property
owner retained the right to pursue action to have the property
value determined in a jury trial, however, this took place after
the Village received deed to the property. In the past, eminent
domain hearings could result in a delay of two or more years on
a project, whereas, with the use of quick-take, a deed can be transferred
in 90 days. The Mayor and Board stated that they would utilize
this procedure only once all attempts to negotiate a deal failed.
Current Status
The Village acquired nine of the ten properties through agreed-upon land purchase
contracts in some cases, and the use of the Quick-Take eminent domain procedure
in others. The remaining property that has not been acquired is the cell
tower site, southeast of the Marathon gas station. This property includes
the 1,800 square foot fenced-in tower site and an approximate 28,000 square
feet of surrounding vacant land. Due to the necessity to involve the Illinois
Commerce Commission in the acquisition of cell tower sites, the process has
become more complicated and the owner has involved legal counsel in fighting
the acquisition. The Village has reduced the area to be acquired to the approximate
28,000 square feet of area outside of the current fenced-in cell tower site.
This negotiation is on-going.
All of the properties acquired through Quick-Take have had their
Final Compensation amount determined and paid by the Village, with
the exception of two properties; the former State Oil gas station
south of Indian Creek and a former strip mall property north of
the Marathon gas station. Final settlements are expected on these
properties by the end of the year. |