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Record #: O2019-6425   
Type: Ordinance Status: Passed
Intro date: 7/24/2019 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 9/18/2019
Title: Negotiated sale of certain portions of City-owned property located within 7025 S St. Lawrence Ave and 7041-7043 S St. Lawrence Ave
Sponsors: Lightfoot, Lori E.
Topic: PROPERTY - Sale
Attachments: 1. O2019-6425.pdf
< ) I I K I: Ol THE MAYOR
CITY ( ) I (II ICACO
lori i::. i.K.n i i oo i

July 24, 2019










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.


Very truly yours,

ORDINANCE

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 vacant parcel of properties located at: Parcel A: 7025 South St. Lawrence Avenue, having parts of the Property Identification Numbers: 20-22-423-018-0000; 20-22-423-019-0000 and 20-22-423-020-0000. Parcel B: 7041-43 South St. Lawrence Avenue (Rear), having parts of the Property Identification Numbers: 20-224-23-029-0000; 20-22-423-030-0000; 20-22-423-031-0000; 20-22-423-032-0000 and 20-22-423-033-0000 respectively, in Chicago, Illinois 60625, which are legally described on Exhibit A attached hereto (the "Properties"), which Properties are located in the 67tl7Wentworth Redevelopment Project Area ("Area"), as amended, established pursuant to ordinances adopted by City Council of the City (the "City Council") on May 14, 2011, published in the Journal of Proceedings of the City Council for such date at pages 116699 through 116875.

WHEREAS, Robert C. Clay and Gervaise Clay (the "Grantees"), who have a principal Residence address of 7041 S. St. Lawrence Avenue, Chicago, Illinois 60637, have offered to purchase the Properties from the City for the sum of Five Thousand and 00/100 Dollars ($5,000.00), such amount being the combined appraised fair market value of the Properties, to improve as an open space; and

WHEREAS, public notice advertising the City's ...

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