Office of the City Clerk - Record #: O2013-6271

• Record #: O2013-6271
• Type: Ordinance
• Status: Passed
• Intro date: 9/11/2013
• Current Controlling Legislative Body: Committee on Housing and Real Estate
• Final action: 10/16/2013
• Title: Sale of City-owned property at 621 W 119th St to Bruce Hardy
• Sponsors: Emanuel, Rahm
• Topic: PROPERTY - Sale

Date	Journal Page Number	Action By	Action	Result
10/16/2013	61678	City Council	Passed	Pass
10/9/2013		Committee on Housing and Real Estate	Recommended to Pass	Pass
9/11/2013	58782	City Council	Referred

OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL MAYOR
September 11, 2013










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request ofthe Commissioner of Housing and Economic Development, I transmit herewith ordinances authorizing the sale of the city-owned property.

Your favorable consideration of these ordinances will be appreciated.

Very truly yours,




Mayor
AN ORDINANCE AUTHORIZING THE NEGOTIATED SALE OF 621 WEST 119TH STREET TO BRUCE HARDY

WHEREAS, the City of Chicago ("City") is a home rule unit of government by virtue of the provisions of the Constitution of the State of Illinois of 1970 and, as such, may exercise any power and perform any function pertaining to its government and affairs; and

WHEREAS, pursuant to an ordinance adopted by the City Council of the City of Chicago ("City Council") on February 6, 2002 and published at pages 78512 -- 78637 of the Journal of the Proceedings of the City Council ofthe City ("Journal") of such date, a certain redevelopment plan and project (the "Plan") for the 119th and Halsted Redevelopment Project Area (the "Area") was approved pursuant to the Illinois Tax Increment Allocation Redevelopment Act, as amended (65 ILCS 5/11-74.4-1, et seq. (the "Act")); and

WHEREAS, pursuant to an ordinance adopted by the City Council on February 6, 2002 and published at pages 78638 - 78648 of the Journal of such date, the Area was designated as a "redevelopment project area" pursuant to the Act; and

WHEREAS, pursuant to an ordinance adopted by the City Council on February 6, 2002 and published at pages 78649 - 78658 of the Journal of such date, tax increment allocation financing was adopted pursuant to the Act as a means of financing certain Area redevelopment project costs (as defined in the Act) incurred pursuant to the Plan; and

WHEREAS, the City is the owner of the real property located at 621 West 119th Street, Chicago, Illinois, which is legally described on Exhibit A at...