1987-02-23 - Resolution 1987-05 - SUPPORT OF CUMMUTER RAIL SERVICE ON THE SOO LINE AN TO ENCOURAGE THE RTA AND METRA TO UTILIZE THE PURCHASE AGREEMENT FOR THE BUSCH RD SITE.RESOLUTION NO. 87_ 5
rEEREAS, contmuter rail service on the soo Line would provide tle -resi-
dents of BuffaTo crove with importanx rail access to xhe centra.l Busiaess
Dist.rict of Chicago; and,
BEEREAS, the feasibiLitg stuClg conducted for ETRA bg R.L. Banks &
Associates indicates conmuter service on the soo Line woutd be cost-efficient;
and,
WEEREAS, both the feasibilitg studg and the Village Comprehensive plan
designate Busch Road as the optinal train station site to setve Buffalo Grove;
and ,
flIIEREAS. this purchase aqreement arrows an increase in the price of the
desiqnated propertg after Decenber 15, 1988; and,
WHEREAS, the utilization of the putchase aqreenent bg the RTA or I4ETRA
would presetve t}e site for use as a train station at siqnificant_zg -less cost
than a later acquisition.
NOW, TEEREFORE, BE I? RESOLVED BY THE PRESIDEN? AND BOARD OF TRUS?EES
OF ?HE VILLAGE OF BU?FALO oROVE, ILLINOIS to reaffirm the Village,s supEort
of cor nuxer taiT setvice on the Soo Linei and,
To encourage the RTA and MBrpJA to utirize the purchase agreement for the
Susch Road si te.
A1ES: 4 - Marienthal, Glover, Reid, Shields
NA1ES: 1 - O I Rei l1y
ASEN!: 1 - Kowalski
ATTEST :
"*'.lll
February 23, L987APPROVED :
APPROVED :
vi 11 Clerk
Br'dl..',"
VERNA L. CLAYTON, Villaqe sident
WHEREAS, the Vil7aqe, recognizing the need to have Land set aside for
a cotwn)ter station. has entexed into an agreenent which allows the propertg
designated for a station site to be acquired bg the RTA or IIETRA at a berow
market rate i and,
pASSED: February 23, L987