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Metropolitan Water Reclamation District of Greater Chicago Agenda Regular Board Meeting Consent Agenda - Final 2026-05-21

ABS Properties Added as Co-Tenant on District Lease

$10.00 initial annual fee (partial assignment)Metropolitan Water Reclamation District of Greater ChicagoABS PROPERTIES LLCMay 21, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

The District approved ABS Properties, LLC as a co-tenant with the Village of Crestwood under a partial assignment of a land lease covering 2.016 acres near the Cal-Sag Channel, with an initial annual fee of $10.00. This brings a private party onto an existing municipal lease.

Contract Details

Contract Amount

$10.00 initial annual fee (partial assignment)

Vendor

ABS PROPERTIES LLC

Agency

Metropolitan Water Reclamation District of Greater Chicago, IL

Contract Type

OTHER

Document Date

May 21, 2026

Renewal Info

Co-tenancy is subject to the existing lease's term and renewal provisions.

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