OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
June 8,2011
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the 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.
Very truly yours,
Mayor
SUBSTITUTE ORDINANCE
WHEREAS, the City of Chicago ("City") 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 is the owner of the vacant parcel of property located at 30 West 114th Place, Chicago, Illinois, which is legally-described on Exhibit A attached to this ordinance ("Property"); and;
WHEREAS, Michael Jackson and La Shonder Nobles Jackson ("Grantees"), 32 West 114th Place, Chicago, Illinois 60628, have offered to purchase the Property from the City for the sum of Two Thousand Five Hundred and No/100 Dollars ($2,500.00), such amount being the appraised fair market value of the Property, to improve with landscaped open space thereon; and
WHEREAS, by Resolution No. 11-044-21, adopted by the Plan Commission ofthe City of Chicago ("Commission") on April 21, 2011, the Commission approved the sale of the Property to the Grantees; and
WHEREAS, public notice advertising the City's intent to enter into a negotiated sale of the Property with the Grantees and requesting alternative proposals appeared in the Chicago Sun-Times, a newspaper of general circulation, on March 23, 2011, and March 30, 2011; and
WHEREAS, no alternative proposals were received by the deadline indicated in the aforesaid notice; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. The City Council hereby approves the sale ofthe Property to the Grantees for the sum of Two Thousand Five Hundred and No...
Click here for full text