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Post by momof3 on Nov 23, 2007 13:57:31 GMT -6
I saw this blurb in the Sun earlier in the week. More info on the 95th St. park & ride. Not sure exactly where this will be but assume it's close to Wolf's Crossing? Looks like the city is moving forward with the land purchase. 653400/2.5 = $261,360 an acre.. wasn't Macom's offer for $334/acre? www.suburbanchicagonews.com/napervillesun/news/658254,6_1_NA20_CCAGENDA_S1.article 95th Street Park and RideThe issue: The council will vote on whether to approve the purchase price of 2.5 acres for the future STAR Line site, in addition to authorizing an amendment of the city's capital improvement program to allow for land acquisition and construction of the 95th Street Park and Ride by the fall of 2008. What it means: The city has been working on acquiring a 20-acre site near the EJ&E Railroad in the vicinity of 95th Street to one day provide a STAR Line station location. In the near future, the city wants to provide a 214-space Park and Ride location that would allow for bus service to the Route 59 train station. The 2.5 acres would be purchased at $653,400, part of which would be paid for by a federal funding grant. Federal grants would also pay for a portion of the park and ride's construction.
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Post by doctorwho on Nov 24, 2007 8:21:47 GMT -6
I saw this blurb in the Sun earlier in the week. More info on the 95th St. park & ride. Not sure exactly where this will be but assume it's close to Wolf's Crossing? Looks like the city is moving forward with the land purchase. 653400/2.5 = $261,360 an acre.. wasn't Macom's offer for $334/acre? www.suburbanchicagonews.com/napervillesun/news/658254,6_1_NA20_CCAGENDA_S1.article 95th Street Park and RideThe issue: The council will vote on whether to approve the purchase price of 2.5 acres for the future STAR Line site, in addition to authorizing an amendment of the city's capital improvement program to allow for land acquisition and construction of the 95th Street Park and Ride by the fall of 2008. What it means: The city has been working on acquiring a 20-acre site near the EJ&E Railroad in the vicinity of 95th Street to one day provide a STAR Line station location. In the near future, the city wants to provide a 214-space Park and Ride location that would allow for bus service to the Route 59 train station. The 2.5 acres would be purchased at $653,400, part of which would be paid for by a federal funding grant. Federal grants would also pay for a portion of the park and ride's construction. Good thing a jury didn't decide the land price for them -- and people wonder why some of us consider the jury decision unfair.
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Post by bob on Nov 24, 2007 10:28:57 GMT -6
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