MWRD Leases Stephen Street Parcels to Village of Lemont
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Description
The District approved declaring certain real estate surplus and entering into a 50-year lease with the Village of Lemont for municipal and public recreational use of parcels at 11 and 13 Stephen Street, for a one-time fee of $10.00. This long-term lease enables community-focused use of District property.
Contract Details
Contract Amount
One-time fee of $10.00
Vendor
VILLAGE OF LEMONT
Agency
Metropolitan Water Reclamation District of Greater Chicago, IL
Contract Type
FACILITIES
Document Date
April 2, 2026
Contract Term
50-year lease
Renewal Info
Initial lease term of 50 years; additional renewal options not detailed.
More from VILLAGE OF LEMONT
Issuing Agency
Special District
Chicago, IL
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