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Home My WebLink About98-156 Resolution No. 98-156 RESOLUTION AUTHORIZING APPLICATION FOR GRANT FUNDING BY CHARLES SCHRADER & ASSOCIATES FOR THE SLEEPY HOLLOW RAVINE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that it hereby authorizes Charles Schrader & Associates to pursue grant funds up to $400,000 from appropriate agencies and foundations to offset costs associated with preserving and protecting the Sleepy Hollow Ravine. s/ Kevin Kelly Kevin Kelly, Mayor Presented: June 24, 1998 Adopted: June 24 , 1998 Omnibus Vote: Yeas 7 Nays 0 Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk s .{ OF 64 ° �'• 1 I City of Elgin Agenda Item No. r ��n0RATEDEE$n, June 1 , 1998 TO: Mayor and Members of the City Council FROM: Joyce A. Parker, City Manager SUBJECT: Sleepy Hollow Ravine PURPOSE The purpose of this memorandum is •to provide the Mayor and members of the City Council with information to consider authorizing the application for grant funding to offset costs associated with preserving and protecting the Sleepy Hollow Ravine. BACKGROUND /P►, PanCor Construction and Development LLC has under option 41 acres of land adjoining the Randall Point Executive Center, located at the northeast corner of I-90 and Randall Road. The 41 acre parcel is traversed by the "Sleepy Hollow Ravine" , which is identified in the Illinois Natural Areas Inventory as an area having state-wide ecological significance. A portion of the ravine, immediately adjoining the subject property, was recently designated as an Illinois Nature Preserve. The Illinois Natural Areas Preservation Act provides that, "All public agencies shall recognize that the protection of nature preserves, buffer areas and registered areas is the public policy of the State and shall avoid the planning of any action that would adversely affect them. " In addition to its environmental value, the Sleepy Hollow Ravine represents a significant feature of the 41 acre parcel which must be addressed in the site planning process . Funding for planning and preservation from open space sources may be the most cost effective means for facilitating the timely development of the parcel . PanCor ' s objective is to be in a position to market the development site for corporate users in 1999 . To that end, PanCor has been working to create a development plan which would: o Allow for the development of approximately 500, 000 square feet of new office space. Sleepy Hollow Ravine June 1, 1998 Page 2 o Preserve that portion of the ravine located within the corporate limits . o Provide for the construction and funding of necessary infrastructure. o Eliminate the necessity for City expenditures to improve the Randall Road/Point Boulevard intersection. In order to make the site available for development as soon as possible by avoiding environmental entanglements , PanCor is willing to pay the current land owner $800, 000 for the 4 . 3 acre Sleepy Hollow Ravine. Since the parcel is under the threat of development, the Corporation for Open Lands (CorLands) is willing to consider purchasing the ravine property from PanCor for $400, 000 . CorLands would hold the property for up to two years while attempting to locate a public agency willing to acquire the property from them. PanCor is requesting that the City acquire the property from CorLands and seek grant funding of $400, 000 for its acquisition. The application deadline for one potential grant funding source available through the Illinois Department of Natural Resources is July 1, 1998 . If the City' s grant search is not successful , CorLands would seek to sell the ravine to other agencies . After two years , if the property is not sold to a public agency, CorLands would probably sell the land back to PanCor. Charles Shrader & Associates would seek and make application to grantors who support open space acquisition projects . The purchase price of the land to be acquired would be based on an appraised value accepted by the grantor. COMMUNITY GROUPS/INTERESTED PERSONS CONTACTED PanCor Construction and Development LLC; Grant Consultant, Charles Schrader & Associates ; Steve Byers, Illinois Nature Preserves Commission; Joe Roth, CorLands; Keith Shank, IDNR. .5-. FINANCIAL IMPACT PanCor has requested the City' s assistance in obtaining grant funding up to $400, 000 . To bridge the gap while grant funding is pursued, Pancor has requested that CorLands purchase the ravine from them. The acquisition grant(s ) would typically require matching dollars, which may be made available by investors in the development or from other sources . Under the current proposal, it is anticipated that the local match to outside funding sources would be the "in kind" dedication of the ravine area by PanCor. No City funds are being sought for the preservation of the Sleepy Hollow Ravine. Sleepy Hollow Ravine June 1 , 1998 Page 3 LEGAL IMPACT i '% e . f- ' ERNATIVES None. RECOMMENDATION It is recommended that the Mayor and members of the City Council authorize Charles Schrader & Associates to pursue grant funds up to $400 , 000 from appropriate agencies and/or foundations . Respectfully submitted, / 4------ yc A. Parker City Manager TJA/ta PANCOR tea. PanCor Construction & Development L.L.C. 600 To 3 i�� , fa ( PanCor Management, Inc. Figi• i;.- •• cb May 21, 1998 (8 4-#8-+ :: • 847) ;.e eiYftd 9 Initial Ms. Joyce Parker, City Manager, City of Elgin 150 Dexter Court V MAY 2 1 1998 is. 10 Elgin, IL 60123-5555 CITY OF ELGIN c. PLANNING DEPT. iii Dear Ms. Parker: ti/I Please consider this as our company's request that you place an item or consideration on the June 10th City Council agenda authorizing the staff to apply for a grant from the Illinois Department of Natural Resources for $400,000. The purpose of this grant would be to pay for one half of the cost of acquiring 4.5 acres of open space with the balance of the acquisition cost to be contributed by other parties. This property to be acquired is part of the area known as the "Sleepy Hollow Ravine", has been designated as an "Illinois Natural Area" and is presently under option from the current owner to PanCor Construction and Development LLC as part of a 41 acre parcel. The remainder of the 41 acre parcel would be developed by our company as an addition to the Randall Point Executive Center office park. We are presently working with the staff to create a development plan for this property which will: • Allow for the development of approximately 500,000 square feet of new office space; • Eliminate all conflicts with the Illinois Nature Preserves Commission, the IDNR, and neighboring communities regarding preservation of the • Sleepy Hollow Ravine; • provide for the construction and funding of necessary infrastructure, and • eliminate the necessity of City expenditures for improvements to the • Randall Rd./Point Boulevard intersection. Thank you for your consideration. Yours very truly, Richard M. Panichi PRELIMINARY CONCEPT • RANDALL POINT EXECUTIVE CENTER II Le..11LA 11644603 n `. . '..r'ler."( `•'.4.. , ' * a.. \ ( t'• t ( r ; --• ."" `.® A , fill , i\ -•'-•-' i.1. if _ J( ' `-: • our Ill : I 1 WA111111W111,„ - ...041114_j.::\1\1..1\\ . , .,. ..S. iv ,:••:_•.•:;______•2 ., �...M. f:' it ....' ��• f! li i N.._.r' 0 ' --•.. ''--:1-..:.: •--:::•::`,. ''' .N•::,:...".• \ \ I I•.. ti� .':V..:*:......... a `� •1 i E -� li_. ii` " 1 ` -_..-----% I '-.1-• l :' w '4. == _ •+', �• • ~ti ' . u.. .r r. ♦ . ~• 1.111 I:-:. : ' ll air ...7.01g ..q.I. TYAL SECTION r PIC a _ .a V PRELIMINARY CONCEPT PLAN s Landmark PANCOR — 4 v a wo• ..e �• --- ELOIN, I LINC48 - — 1 -- d I .11 41,1"10).1 \i ')f . ,„_- :417.1.) r: 4447 f i ) kiF,,, . 46.44,-----(..: °: •. arst2 ilmmi w. Ur ,`lir .01,„ . ( ..., wariikw • ..- -Val 10--":4 5 ( . ( � �Ar' MOT I M ►!�� _, _ �.. �� ,�it?► /(f , o {_ MOTOROLA .. - ziP N''''•"- --. �o - _ -_, ="I► SADDLE CLUB 4— 1Y - 1/I-� /►J�'L �._� :o - t ESTATES � �yJ'�;)� � '! f(f ) � \. CO ff . - , l( +. 4 .( 1. 4 /) ► + RANDALL PT. - ► � Ili �. EXEC. CENTER • HICKORY HOLLOW ' V? , - - - itil --: -,Er .- .itz-4, sli.,",./0' , . , . \ \.: frtIF.,!!!!!').!!!!8.,', :"!. ?,z.,,_--•-7-. N. - ----vin '.. }tfik,:, ,A t 1 . - - ) • : aL NNI S;-- WM m. -,..„:, .t.:::!!„,i,i,:::::::::7:::::i:.::::::: :::::.:::::::::::iiiii:i.:.•,,,,, , �� t .: ' ,•-;;" , 4 .,:„„.:.SUS)E0i,.:—......%Vriti . ••••••• -....-.. ,i•- /4 Itt..t -j/ . ,j:. n i #<\,;:..;":. . ,,\ SLEEPY HOLLOW --R--A--\V,.\I•N, AVINE • , FIRST CARD I :::.. • ..... :,,,, '--- \, ..,3, , -.° -... 4 . 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O -Gi *al rilittli .\% . r1= , i ,- �!��rti rAK Ito B: ►� t•:1 . tii I., ,_ iir 1_,_ 0,( ` ` ��.\ C_• �� I��.:.Ts►y.�'t'- �Aii� ��9�/"-�[�`��3�� ®'tel►i I[N�w►�f Lim, liciite , �• ritt':, • ss tf■ rats .4.4i,?.4-440.e_leeir fra.--41111721L 'i ___.- vestizzlim) ::::__ --,Evi.---teti_j--:„ 7-7_ ,Ildf� foitptvimiffr .414..14), ��! Irl , 41 41 M P \✓ 0' 4A -r,. Jt�` =� ��'. 411 • its`. F� Airi'AireAlli. 4)_/.10 't 'ilr. -..--1*A. 49 :, C ,-, ! i a, 1 .7,, ,,---. . .....i...im. ,.,_. .....,w,,,,,,,.,.....„,„...._„..., .„1). . ...)!1- - zw...4,,----....,..„--. . —4111161e--, .. iltiLiN7111. if cf3 "I,P' .411-1UP)Vilir - It .44.411 0. 1,, Ilio, .4w. ''''..1.:74‘,,,:arillifeg":11111111011117......" .7.7 : 44 P" fir 1v- ,,,,ksi; A� OARsS�' �' „ s +' --� : �/ +.�" ' r" `_�> - * f , ' • tt , j.v1 + tiM - � sV..�? p. . s�yma . il — .er , S� ILLINOIS DEPARTMENT OF SW7.2. NATURAL RESOURCES 524 South Second Street,Springfield 62701-1787 Jim Edgar, Go -et g 4 .rks' g, Director September 22, 1998 ' RECEIVED 2 Initial SEP 2 4 1998 . 3 Mr. Roger Dahlstrom, Planning Director CITY OF PLANNING ELGINI City of Elgin 150 Dexter Court Elgin,IL. 60120 ti cS` RE: FY'99 OSLAD Grant Application ELGIN,CITY OF SLEEPY HOLLOW RAVINE Dear Director Dahlstrom: After careful deliberation and review of all project applications requesting FY'99 assistance from the state Open Space Lands Acquisition and Development(OSLAD)grant program, it is with regret that I inform you the above referenced project has not been recommended for FY'99 OSLAD assistance. A total of 152 applications were considered requesting nearly$25.0 million in assistance. Unfortunately, available grant funds totaled only $18.5 million. Consequently, many worthwhile projects could not be recommended. Should you wish to have this project reconsidered in the next grant cycle,I invite you to make any necessary revisions/updates to your application(enclosed)and resubmit it to the Division of Grant Administration during the application period,May 1 to July 1, 1999, at the address below. Illinois Department of Natural Resources Division of Grant Administration 524 South Second Street, Room 315 Springfield,Illinois 62701-1787 Phone No. 217/782-7481 You may find it useful to contact the grants staff at 217/782-7481 to discuss next year's program and what could be done to strengthen your proposal. Thank you for your interest in the OSLAD grant program and your efforts to improve outdoor recreation opportunities in Illinois. Sincerely, 1 I1f Bruce A. Clark Director Office of Capital Development BAC/RCH:rl Enclosure [printed on recycled and recyclable paper]