OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI LIGHT] OO'I MAYOR
July 24, 2019
TO THE HONORABLE, THE CITY COUNCIL OF TOE 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 property located at 1846 West 63rd Street, Chicago, Illinois 60636, which is legally described on Exhibit A attached hereto (the "Property"); and
WHEREAS pursuant to ordinances adopted by the City Council of the City of Chicago ("City Council") on March 29, 2006, and published at pages 72958 through 73124 in the Journal of Proceedings of the City Council ("Journal") for such date, the City Council approved a certain redevelopment plan and project for the 63rd/Ashland Redevelopment Project Area ("TIF Area"); and
WHEREAS, Wesley Hayden (the "Grantee"), with a business address of 1844 West 63rd Street, Chicago, Illinois 60636, has offered to purchase the Property from the City for the sum of Three Thousand Six Hundred Dollars ($3,600.00), such amount being the appraised fair market value of the Property, to improve with landscaped open space thereon; and
WHEREAS, pursuant to Resolution No. 19-020-21 adopted on April 18, 2019, by the Plan Commission of the City (the "Commission"), the Commission approved the negotiated sale of the Property to the Grantee; and
WHEREAS, public notice advertising the City's intent^to enter into a negotiated sale of the Property with the Grantee and requesting alternative proposals appeared in the Chicago Sun Times, ...
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