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Aurora, Illinois

File #: 20-0230    Version: 1 Name: Red. No. 1 for Mitchell Rd Industrial Park - 3 securities
Type: Resolution Status: Passed
File created: 3/26/2020 In control: Infrastructure and Technology Committee
On agenda: 4/7/2020 Final action: 4/14/2020
Title: A Resolution approving Reduction No.1 for 3 securities associated with Mitchell Rd. Industrial Park.
Attachments: 1. Cover Letter Lot 1.pdf, 2. Cover Letter Lots 2 & 3.pdf, 3. Cover Letter Corp Blvd & Lot 4.pdf, 4. Location Map.PNG
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TO: Mayor Richard C. Irvin

FROM: Jason Bauer, P.E., Assist. Dir. Public Works - Assist. City Engineer

DATE: April 1st, 2020

SUBJECT:
A Resolution for Reduction No. 1 for Mitchell Rd Industrial Park - COA Case No. 18.108 - 3 securities

PURPOSE:
To approve Reduction No. 1 for 3 securities associated with Mitchell Rd. Industrial Park.

BACKGROUND:
This development has completed some portion and inspections of the required public improvements for 3 areas of the development and is requesting a reduction to 3 of the original Securities that were posted to insure placement of these areas public improvements.

DISCUSSION:
The Subdivision Control Ordinance allows the City Council to reduce development securities to reflect the value of said completed and inspected public improvements. The completed values of these improvements in all 3 areas of the development have been certified and submitted by the developer's Engineer. These valves have been verified by COA Engineering and by our consultants as correct and are eligible to be recommended for this reduction.

IMPACT STATEMENT:
This action has no current impact to existing or new public infrastructure as it relates to various City Divisions for maintenance, including streets, water, storm, sanitary, electrical, storm water management, fiber optic.

RECOMMENDATIONS:
Approve the requests for Reduction No.1 for all 3 securities associated with Mitchell Rd. Industrial Park.


cc: Building, Grounds and Infrastructure Committee




CITY OF AURORA, ILLINOIS

RESOLUTION NO. _________
DATE OF PASSAGE ________________
title
A Resolution approving Reduction No.1 for 3 securities associated with Mitchell Rd. Industrial Park.
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WHEREAS, the City of Aurora has a population of more than 25,000 persons and is, therefore, a home rule unit under subsection (a) of Section 6 of Article VII of the Illinois Constitution of 1970; and

WHEREAS, subject to said Section, a home rule unit may exercise any power and perform any funct...

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