CITY COUNCIL AGENDA ITEM
ACTION REQUESTED:
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Pass an ordinance approving an amendment to the site development agreement for the resubdivided South Forty Property (Item 1 of 2)
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DEPARTMENT: Transportation, Engineering and Development
SUBMITTED BY: Andrew Hynes, P.E., City Engineer
BOARD/COMMISSION REVIEW:
N/A
BACKGROUND:
The other related item on the City Council agenda is:
* 25-0816 - Pass an ordinance approving a declaration of use restrictions and right of first refusal with LTF Real Estate Company, Inc. (2 of 2)
The City of Naperville purchased 40 acres of land at the southeast corner of Route 59 and 103rd Street, commonly known as the South 40, during the city's growth era of the 1980's.
The property was purchased for potential use by municipal utilities, the Fire Department, and possible operating department satellite branches. A portion of the property was developed with Fire Station #6 and another is used by Water Utilities for an elevated water tank and water reservoir. Since City departments preferred to remain centralized, the satellite facilities that had been envisioned were never constructed.
In 2007 the Wheatland Township Road District was seeking land for the Township Road District garage. The City sold two acres of land to the Township Road District and today the Township Road District and the Township are joint owners of the property located on Tower Court adjacent to the Water Utilities facilities. Approximately 23 of the original 40 acres remained vacant for years and are essentially surplus land to the City. Over the years many offers were extended to purchase the property, but none were accepted.
In 2020 a Housing Needs Assessment/Housing Needs Report prepared for the City by SB Friedman Development Advisors. In 2021, the City Council issued an RFP to propose the sale of part of the City-owned South Forty property to address housing gaps identified in the Housing Needs Report.
Through that process, Gorman & Company, ...
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