Record #: O2012-7196   
Type: Ordinance Status: Passed
Intro date: 10/31/2012 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 11/15/2012
Title: Conveyance of Merchant Park property to NeighborSpace for open space use
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Transfer
Attachments: 1. O2012-7196.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR


October 31, 2012








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.

Mayor

Very truly yours,
AN ORDINANCE OF THE CITY OF CHICAGO, ILLINOIS AUTHORIZING THE CONVEYANCE OF CITY LAND TO NEIGHBORSPACE

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 has established the Community Development Commission ("CDC") to, among other things, designate redevelopment areas, approve redevelopment plans, and recommend the sale or lease of parcels located in redevelopment areas, subject to the approval of the City Council of the City ("City Council"); and

WHEREAS, pursuant to an ordinance adopted by the City Council of the City ("City Council") on July 29, 2009, and published at pages 66569 to 66645 of the Journal of the Proceedings of the City Council of the City of Chicago ("Journal1") of such date, a certain redevelopment plan and project ("TIF Plan") for the Avondale Tax Increment Financing Redevelopment Project Area ("TIF Area") was approved pursuant to the Illinois Tax Increment Allocation Redevelopment Act, as amended (65 ILCS 5/11 -74.4-1, et seq.) ("Act"); and

WHEREAS, pursuant to an ordinance adopted by the City Council on July 29, 2009, and published at pages 66646 to 66652 of the Journal of such date, the TIF Area was designated as a redevelopment project area pursuant to the Act; and

WHEREAS, pursuant to an ordinance adopted by the City Council on July 29, 2009, and published at pages 66653 to 66658 of the Journal of such date...

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