Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council approves ground-lease amendment with OmniTrax to recognize existing month-to-month tenants
Summary
Blue Island approved a first amendment to a ground lease with Chicago Rail Link LLC/OmniTrax that formally acknowledges existing month-to-month tenant leases on city-owned land so OmniTrax can manage, renegotiate or continue those subleases as it develops the property.
The Blue Island City Council on Jan. 28 approved a first amendment to the ground lease between the city and Chicago Rail Link LLC (referred to in the meeting as OmniTrax). Staff explained the amendment recognizes existing month-to-month tenant leases on the property and clarifies that OmniTrax may negotiate new leases or continue existing month-to-month arrangements as part of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
