Skokie Park District AgendaPacket Regular Meeting 2026-06-16
Board Approves 50-Year MWRD Land Lease for Parks
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Description
The Skokie Park District Board approved a 50-year lease agreement with the Metropolitan Water Reclamation District of Greater Chicago for public parkland including Channelside South. The lease includes a one-time $10 fee and annual sharing of 25% net revenue.
Contract Details
Contract Amount
$10 one-time fee plus 25% of net revenue annually
Vendor
METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO
Agency
Skokie Park District, IL
Contract Type
FACILITIES
Document Date
June 16, 2026
Contract Term
June 16, 2026 – June 16, 2076 (50 years)
Renewal Date
2076-06-16
Renewal Info
50-year term from June 16, 2026 to June 16, 2076; extensions or renewals not specified; contains early termination for District needs.
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