COMMERCIAL ORDINANCE
WHEREAS, the City of Chicago ("City") is a home rule unit of local government pursuant to Article VII, Section 6 (a) ofthe 1970 constitution ofthe State of Illinois and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the properties at 2263-2267 W. Coulter Street, 2526-2536 S. Blue Island Avenue, 2538-2546 S. Blue Island Avenue, 2501-2509 S. Oakley Avenue, and 2513-2523 S. Oakley Avenue are owned by 25 Oakley LLC, an Illinois limited liability company ("Developer"); and
WHEREAS, the Developer proposes to use the portion of the alley to be vacated herein for parking/vehicle routing for a preexisting building, and for possible reconstruction or addition to said building; and
WHEREAS, the City Council of the City of Chicago, after due investigation and consideration, has determined that the nature and extent of the public use and the public interest to be subserved is such as to warrant the vacations of those portions of public alleys, described in the following ordinance; now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO: SECTION 1.
ALLEY* 1:
ALL THAT PART OF THE 16.00 FOOT WIDE PUBLIC ALLEY EXTENDING NORTHEASTERLY AND SOUTHWESTERLY IN BLOCK 11 IN REAPER ADDITION TO CHICAGO, ACCORDING TO THE PLAT THEREOF RECORDED DECEMBER 20, 1873 AS DOCUMENT NUMBER 136344, IN SECTION 30, TOWNSHIP 39 NORTH, RANGE 14 EAST OF THE THIRD PRINCIPAL MERIDIAN IN COOK COUNTY, ILLINOIS LYING SOUTHERLY OF AND ADJOINING LOTS 25 TO 28 INCLUSIVE, AND LYING NORTHERLY OF AND ADJOINING LOTS 30 TO 35 INCLUSIVE, AND LYING NORTHEASTERLY OF A LINE DRAWN FROM THE SOUTHWESTERLY CORNER OF LOT 28 TO THE MOST NORTHERLY NORTHWESTERLY CORNER OF LOT 30, AND LYING SOUTHWESTERLY OF A LINE DRAWN AT RIGHT ANGLES ACROSS SAID ALLEY FROM A POINT ON THE NORTHERLY LINE OF LOT 35 THAT IS 14.00 FEET NORTHEASTERLY (AS MEASURED ALONG SAID NORTHERLY LINE) OF THE NORTHWESTERLY CORNER OF SAID LOT 35, SAID LAST DESCRIBED LINE BEING THE SOUTHWESTERLY LINE OF THE VACATED 16.00 FOOT ALLEY PER DOCUMENT NUMBER 3815960, ALL IN SAID BLOCK 11 IN REAPER ADDITION TO CHICAGO.
AREA OF VACATED ALLEY = 1835.4 SQUARE FEET OR 0.042 ACRES MORE OR LESS
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ALLEY #2:
THE WESTERLY 14.00 FEET OF LOT 25 IN BLOCK 11 IN REAPER ADDITION TO CHICAGO, ACCORDING TO THE PLAT THEREOF RECORDED DECEMBER 20,1873 AS DOCUMENT NUMBER 136344, IN SECTION 30, TOWNSHIP 39 NORTH, RANGE 14 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS.
AREA OF VACATED ALLEY #2 = 1401.8 SQUARE FEET OR 0.032 ACRES MORE OR LESS
ALLEY #3:
THE WESTERLY 14.00 FEET OF LOT 34 IN BLOCK 11 IN REAPER ADDITION TO CHICAGO, ACCORDING TO THE PLAT THEREOF RECORDED DECEMBER 20,1873 AS DOCUMENT NUMBER 136344, IN SECTION 30, TOWNSHIP 39 NORTH, RANGE 14 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS.
AREA OF VACATED ALLEY #3 = 1401.8 SQUARE FEET OR 0.032 ACRES MORE
TOTAL AREA OF VACATED ALLEYS #1, #2, AND #3 = 4639.0 SQUARE FEET OR 0.106 ACRES MORE OR LESS as shaded and legally described by the words "HEREBY VACATED" on the plat hereto attached as Exhibit A, which plat for greater clarity, is hereby made a part of this ordinance, be and the same is hereby vacated and closed, inasmuch as the same is no longer required for public use and the public interest will be subserved by such vacations.
SECTION 2. The vacations herein provided for is made upon the express condition that within 180 days after the passage of this ordinance, the Developer shall pay or cause to be paid to the City of Chicago as compensation for the benefits which will accrue to the owner of the property abutting , said cart of public alleys hereby vacated the sum
Or-\(L h\Jvd'Y*J Vnasj^CK^ dollars ($ \00,OOO.QO ),
which sum in the judgment of this body will be equal to such benefits.
SECTION 3. The vacations herein provided for are made upon the express condition that within one hundred eighty (180) days after the passage of this ordinance, the Developer shall file or cause to be filed for recordation with the Office of the Recorder of Deeds of Cook County, Illinois a certified copy of this ordinance, together with the associated full sized plats as approved by the Acting Superintendent of Maps and Plats.
SECTION 4. This ordinance shall take effect and be in force from and after its passage. The vacations shall take effect and be in force from and after recording of the approved plat.
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Vacations Approved:
Rebekah Scheinfeld Commissioner of Transportation
Approved as to Form and Legality
Lisa Misher
Chief Assistant Corporation Counsel
Honorable Daniel Solis Alderman, 25th Ward
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CITY COUNCIL
City of Chicago
COUNCIL CHAMBER
City Hall—Second Floor 121 North LaSalle Street Chicago, Illinois 60602 Telephone 312-744-4096
FAX: 312-744-8155
COMMITTEE MEMBERSHIPS
Transportation & Public Way (Chairman)
Budget and Government Operations
Committees, Rules and Ethics
Education and Child Development
Finance
Public Safety
Workforce Development and Audit
Alderman, 9th Ward 34 East 112th Place
Chicago. Illinois 60628
TELEPHONE (773)785-1100 Fax: (773) 785-2790 e-mail: ward09@cityofchicago.org
October 11, 2017 To the President and Members of the City Council:
Your Committee on Transportation and Public Way begs leave to report and recommend that Your Honorable Body pass the proposed ordinance transmitted herewith for a VACATIONS to 25 OAKLEY, LLC - 02017-6342 A proposed vacation of various alley segments in the area bounded by South Blue Island Avenue, West Coulter Street, South Oakley Avenue and South Leavitt Street. This ordinance was referred to Committee on September 06, 2017.
This recommendation was concurred unanimously by viva voce vote of the members of the Committee with no dissenting vote.
(Ward 25)
Respectfully submitted,

Anthony Beale, Chairman