Village of Lemont Secures 50-Year Lease of District Land
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Description
The District approved a 50-year lease with the Village of Lemont for municipal and public recreational use of District-owned parcels at 11 and 13 Stephen Street in Lemont, for a one-time fee of $10.00. The action includes declaring the parcels surplus to District needs.
Contract Details
Contract Amount
$10.00 (one-time fee)
Vendor
VILLAGE OF LEMONT
Agency
Metropolitan Water Reclamation District of Greater Chicago, IL
Contract Type
OTHER
Document Date
April 2, 2026
Contract Term
50-year lease
Renewal Date
2076-04-02
Renewal Info
Fifty-year lease term; any extension beyond that period would require future approval.
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Issuing Agency
Special District
Chicago, IL
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