ORDINANCE
WHEREAS, the City of Chicago (the "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 decommissioned 12lh District Police Station building and surrounding grounds located at 100 South Racine Avenue, Chicago, Cook County, Illinois (the "Property"); and
WHEREAS, by ordinance adopted on May 6, 2015, and published at pages 108379-108436 in the Journal of the Proceedings of the City Council of thei-City.of such date, the City Council of the City ("City Council") authorized the conveyance of the Property to the Chicago Children's Theatre, an Illinois not-for-profit corporation (the "Developer"); and
WHEREAS, the Developer proposes to rehabilitate and develop the Property to include two theaters, classrooms, support spaces, administrative offices, and underground parking; and
WHEREAS, the Developer and the City anticipate that the conveyance of the Property will be completed in early 2016; and
WHEREAS, the Developer wishes to begin remediation work on the Property prior to the completion of the conveyance of the Property; and
WHEREAS, the Developer has hired Pepper Environmental Technologies, Inc., an Illinois corporation (the "Licensee"), to conduct remediation work at the Property; and
WHEREAS, pursuant to Section 2-51-050(1) of the Municipal Code of Chicago, the Commissioner of the Department of Fleet and Facility Management has the authority to enter into right of entry agreements for up to 90 days each; and
WHEREAS, the City and Licensee have entered into a right of entry agreement to begin remediation work at the Property (the "Right of Entry Agreement"); and
WHEREAS, it is anticipated that Licensee's remediation work .will; require more than 90
days; and : 4- ¦
WHEREAS, pursuant to Section 2-51-050(1) of the Municipal Code; of Chicago...
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