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Bolingbrook adopts ordinance renewing parking land-banking agreement for LaGrou property
Summary
The Village passed Ordinance 25-020 to continue a parking land-banking agreement with LaGrou Bolingbrook, LLC for 551 St. James Gate, requiring land be set aside convertible to 149 parking spaces if needed.
The Village of Bolingbrook on July 22 adopted Ordinance 25-020 extending a parking land-banking agreement with LaGrou Bolingbrook, LLC for the property at 551 St. James Gate.
Trustee Michael T. Lawler moved and Trustee Jean M. Kelly seconded the ordinance, which the minutes say continues a prior agreement that the village originally entered into with LaGrou in 2000. Under the ordinance the LaGrou property must set aside land that can be converted into up to 149 parking spaces if the village requires them.
The measure passed by roll call vote: five yeas, zero nays, one trustee absent. The minutes record that the item had been reviewed by relevant personnel; no further debate or amendments are recorded in the meeting minutes.
Background: the original Parking Land Banking Agreement between the village and LaGrou dates to 2000; Ordinance 25-020 renews the village’s ability to require conversion of set-aside land to parking as needed for municipal purposes.
Next steps: the ordinance takes effect per standard village procedures; the minutes do not specify an implementation timeline or any immediate construction schedule for a parking conversion.
