OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL MAYOR
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the Commissioner of Transportation, I transmit herewith an ordinance authorizing the execution of an easement agreement regarding the Lathrop Homes riverwalk and bridge.
Your favorable consideration of this ordinance will be appreciated.
Mayor
Very truly yours,
ORDINANCE
WHEREAS, the City of Chicago (the "City"), as a home rule unit of government under the 1970 Constitution of the State of Illinois, has the authority to promote the health, safety and welfare of its inhabitants, and to enter into contractual agreements with third parties for the purpose of achieving the aforesaid purposes; and
WHEREAS, the Chicago Housing Authority ("CHA") owns the following property (the "CHA Property") located in the area bounded by: North Clybourn Avenue; West Diversey Parkway; North Damen Avenue; the northeast boundary line of the north branch of the Chicago River; the east boundary line of the north branch of the Chicago River; a line 199.48 feet west of and almost parallel to the west line of North Leavitt Street (as measured along the south line of West Oakdale Avenue); a line .145 feet south of and parallel to West Oakdale Avenue; a line approximately 225.29 feet west of and parallel to North Leavitt Street; West Oakdale Avenue; and North Leavitt Street falling within the Waterway-Residential-Business Planned Development No. 1315, as amended (the "Zoning PD"); and v
WHEREAS, Lathrop Homes IA, LP, an Illinois limited partnership (the "Grantee"), has secured a leasehold estate in the CHA Property pursuant to that certain Ground Lease executed by the CHA, Heartland Housing, Inc., and Bickerdike Redevelopment dated and recorded September 29, 2017 as document no. 1727206082, as corrected by Scrivener's Error Affidavit recorded on October 2, 2017 as document no. 1727513055, and assigned by Assignment and Assumption...
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