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HomeMy WebLinkAbout92-0523 Various for Farm Colony RESOLUTION CONCURRING IN THE EXECUTION OF A MEMORANDUM OF AGREEMENT BETWEEN THE DEPARTMENT OF THE .ARMY, CORP OF ENGINEERS, CHICAGO DISTRICT, AND THE ILLINOIS STATE HISTORIC PRESERVATION OFFICE FOR THE FORMER FARM COLONY BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that Larry L. Rice, City Manager, be and is hereby authorized and directed to concur in the execution of a Memorandum of Agreement Between the Department of the Army, Corp of Engineers, Chicago District, and the Illinois State Historic Preservation Office on behalf of the City of Elgin to market the structures determined historically significant for adaptive reuse, a copy of which is attached hereto and made a part hereof by reference. s/ George VanDeVoorde George VanDeVoorde, Mayor Presented: May 23, 1992 Adopted: May 23, 1992 Vote: Yeas 7 Nays 0 Recorded: Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk • 111 Agenda Item No . -May 21, 1992 TO: Mayor and Members of the City Council FROM: Larry L. Rice, City Manager SUBJECT: Memorandum of Agreement with Illinois Historic Preservation Agency PURPOSE To present for Council approval, a Memorandum of Agree- ment with the Illinois Historic Preservation Agency. BACKGROUND The Illinois Historic Preservation Agency has determined the structures on the Farm Colony property to be historically significant given the past use of the buildings as part of the Elgin Mental Health Center complex. Those of the struc- tures considered of most significance 'are the three brick dormitory buildings which front South McLean Boulevard, and the building directly behind in which the power plant was located. Because of this determination, the owner of the property must make efforts to market those structures for adaptive reuse. According to the Agreement, the City would be required to market the property for a period of 24 months . Signing this agreement is essential to moving for- ward with development of the Fox Bluff Corporate Center. In order to obtain necessary permits from the Corps of Engi- neers, the owner must agree to the terms of the memorandum of Agreement. These permits must be obtained in order to pro- ceed with construction of the roadway. FINANCIAL IMPACT Costs incurred by entering into this agreement will include continued security of buildings and marketing. • Mayor and Members of the City Council May 21, 1992 Page 2 • RECOMMENDATION It is recommended that the City Council approve execu- tion of the memorandum of Understanding with the Illinois Historic Preservation Agency and the Corps of Engineers, Chicago Distri Laicry" Y,. Ri City Manager LLR:amp • •