OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL MAYOR
June 5, 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 city-owned property.
Your favorable consideration of these ordinances will be appreciated.
Mayor
Very truly yours,
AN ORDINANCE OF THE CITY OF CHICAGO, ILLINOIS AUTHORIZING THE CONVEYANCE OF CITY LAND TO NEIGHBORSPACE
WHEREAS, the City of Chicago (the "Citv") is a home rule unit of government by virtue of the provisions ofthe Constitution ofthe State of Illinois of 1970, and as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the City has established the Community Development Commission ("CDC") to, among other things, designate redevelopment areas, approve redevelopment plans, and recommend the sale or lease of parcels located in redevelopment areas, subject to the approval ofthe City Council of the City ("Citv Council"); and
WHEREAS, pursuant to an ordinance adopted by the City Council on June 10, 1998, and published at pages 70367 through 70499 in the Journal ofthe Proceedings ofthe City Council ofthe City of Chicago ("Journal") of such date, the City approved a certain redevelopment plan and project ("TIF Plan") for the Kinzie Industrial Conservation Area Tax Increment Redevelopment Project Area ("TIF Area") pursuant to the Illinois Tax Increment Allocation Redevelopment Act, as amended (65 ILCS 5/11-74.4-1, et seq.) ("Act"); and
WHEREAS, pursuant to an ordinance adopted by the City Council on June 10, 1998, and published at pages 70499 through 70509 in the Journal of such date, the City designated the TIF Area as a redevelopment project area pursuant to the Act; and
WHEREAS, pursuant to an ordinance (the "TIF Ordinance") adopted by the City Council on June 10, 1998, and published at pages 70509 through 70520 in ...
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