Office of the City Clerk - Record #: O2014-2392

• Record #: O2014-2392
• Type: Ordinance
• Status: Passed
• Intro date: 4/2/2014
• Current Controlling Legislative Body: Committee on Housing and Real Estate
• Final action: 4/30/2014
• Title: Negotiated sale of City-owned property at 1939 W 23rd St and 2259 S Damen Ave to Pilsen Little Village Community Mental Health Center, Inc. d.b.a. Pilsen Wellness Center, Inc.
• Sponsors: Emanuel, Rahm
• Topic: PROPERTY - Sale

Date	Journal Page Number	Action By	Action	Result
4/30/2014	79615	City Council	Passed	Pass
4/23/2014		Committee on Housing and Real Estate	Recommended to Pass	Pass
4/2/2014	76568	City Council	Referred

OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR

April 2, 2014









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


Ladies and Gentlemen:

At the request of the Commissioner of Planning and 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 AUTHORIZING THE NEGOTIATED SALE OF 2259 S. DAMEN AVENUE AND 1939 W. 23RD STREET, CHICAGO, ILLINOIS


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, the City is the owner of the real properties commonly known as 2259 S. Damen Avenue and 1939 W. 23rd Street, Chicago, Illinois (subject to final title commitment and survey, collectively, the "Property"), which are improved with a vacant, former police station and a surface parking lot, respectively, and legally described on Exhibit A attached hereto; and

WHEREAS, the current appraised fair market value of the Property is Eight Hundred Fifteen Thousand Dollars ($815,000); and

WHEREAS, pursuant to ordinances adopted by the City Council of the City (the "City Council") on June 10, 1998, and published in the Journal of the Proceedings of the City Council (the "Journal") of such date, (i) a certain redevelopment plan and project (the "Initial Redevelopment Plan") for the Pilsen Industrial Corridor Tax Increment Financing Redevelopment Project Area (the "Redevelopment 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"); (ii) the Redevelopment Area was designated as a redevelopment project area pursuant to the Act; and (iii) tax increment financing was adopted pursuant to the Act as a means of financing certai...