Committee approves Gladstone Avenue right-of-way vacation and waives fee for economic development
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Summary
The committee approved vacating a roughly 370.96-foot portion of Gladstone Avenue (about 7,000 sq ft) to facilitate private use and waived the purchase/setting fee, with staff saying fee waivers have been used before for economic development projects.
The Waukegan Community Development Committee voted to adopt an ordinance approving the vacation of a portion of the Gladstone Avenue right-of-way from Glenrock Avenue east 370.96 feet (zoning calendar V-2-25) and to set the fee for the sale at $0.
City staff explained that a 'vacation' transfers part of the right-of-way from public to private ownership; the segment under consideration is an irregular-shaped parcel of roughly 7,000 square feet. Staff told the committee that the city calculates vacation prices using the assessed value of the adjacent land and square footage, and that fee waivers have been granted previously to encourage economic development.
Alderman Martinez moved the ordinance and Alderwoman Bolton seconded. A roll call recorded aye votes and the motion carried.
The committee included the fee waiver in the motion; staff advised that the street will remain passable in both directions and that the small parcel change will allow the adjacent property owner to place fencing for parking accommodation.