COMMERCIAL VACATION ORDINANCE
WHEREAS, the City of Chicago ("City") is a home rule unit of local government pursuant to Article VII, Section 6 (a) of the 1970 Constitution of the 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 approximately 833-845 S. Wabash Avenue and 824-834 S. Michigan Avenue are owned by Michigan 830 LLC an Illinois limited liability company ("Developer"); and
WHEREAS, the Developer proposes to use the portion of the alley remnant to be vacated herein to expand their adjacent surface parking lot and other upgrades; and
WHEREAS, the City Council of the City of Chicago, after due investigation and consideration, has determined that the nature and extent ofthe public use and the public interest to be subserved is such as to warrant the vacation of that portion of the public alley, described in the following ordinance; now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. VACATION of:
ALL OF THE EAST-WEST 11 FOOT WIDE ALLEY AND THAT PART OF THE NORTH-SOUTH 10 FOOT WIDE ALLEY DEDICATED FOR PUBLIC ALLEY LYING NORTH OF THE SOUTH LINE OF THE NORTH HALF OF LOT 9 IN BLOCK 17 IN FRACTIONAL SECTION 15, TOWNSHIP 39 NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, AS SHOWN ACCORDING TO ANTE-FIRE PLAT ENTITLED "PLAT OF THE WEST 10 FEET OF LOT 9 AND THE EAST 80 FEET OF LOT 10 IN BLOCK 17 FRACTIONAL SECTION 15 ADDITION TO CHICAGO, TOGETHER WITH PORTIONS OF LOTS 7, 8, 9 AND 10 HEREBY DEDICATED AS A PUBLIC ALLEY", RECORDED JULY 5, 1870 AS DOCUMENT NO. 58426, IN BOOK 171 OF MAPS, PAGE 85, AND DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SAID LOT 9; THENCE NORTH 89 DEGREES 14 MINUTES 21 SECONDS ALONG THE SOUTH LINE OF LOT 9 AFORESAID 10.00 FEET; THENCE NORTH 00 DEGREES 01 MINUTES 27 SECONDS WEST ALONG A LINE 10 FEET WEST AND PARALLEL WITH THE WEST LINE OF LOT 9 AFORESAID 40.19 FEET TO THE POINT OF B...
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