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Prospect Heights board approves land swap with Arlington Heights Park District
Summary
The board approved an intergovernmental agreement to exchange Carousel Park and Patriots Park, authorizing land transfers and a license back for Patriots Park; the motion passed unanimously at the May 8 meeting.
At its May 8 meeting, the Prospect Heights School District 23 board approved an intergovernmental agreement to exchange two park parcels with the Arlington Heights Park District: Carousel Park (parcel PIN 03-16-105-006-0000) would transfer from the district to the park district, and Patriots Park (PIN 03-21-201-014-0000) would transfer to the district.
The agreement, presented in the board packet as an Intergovernmental Agreement, describes reciprocal conveyances, legal authority under the Illinois Intergovernmental Cooperation Act and the Local Government Property Transfer Act, and a planned 10‑year license allowing the Park District to access and use Patriots Park for recreational purposes while the School District holds title. The packet states appraisals showed similar values for the parcels so no monetary consideration is required.
A motion to approve the land swap was made by Tracey Morrissey and seconded by Brynn Nordmark; the motion carried by unanimous roll call (7 Ayes). The agreement requires title work, survey, and due diligence during a review period and anticipates a closing after the review period.
