COMMERCIAL ORDINANCE
WHEREAS, the City of Chicago ("City") is a home rule unit of local government pursuant to Article VII, Section 6 (a) of the 1970 constitution of the State of Illinois and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the properties at 177-189 N. Ogden Avenue, 170-182 N. Loomis Street, and 165-183 N. Loomis Street are owned by FirstMerit Bank N.A. Land Trust 05-1-8368 (successor trustee to Midwest Bank and Trust Company), all other owners have quit claimed their interests to FirstMerit Bank N.A. Land Trust 05-1-8368; and
WHEREAS, FirstMerit Bank N.A. Land Trust 05-1-8368 proposes to use the portion of the street and adjacent alley to be vacated herein for additional Moretti's Restaurant parking; and
WHEREAS, the City Council of the City of Chicago, after due investigation and consideration, has determined that the nature and extent of the public use and the public interest to be subserved is such as to warrant the vacation of part of public street and adjacent alley, described in the following ordinance; now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. THE VACATION OF: THAT PART OF THE EAST-WEST 10 FOOT WIDE PUBLIC ALLEY LYING NORTH OF AND ADJOINING LOT 24 IN BLOCK 1 OF UNION PARK ADDITION TO CHICAGO, A SUBDIVISION OF LOTS 5 AND 6 IN CIRCUIT COURT PARTITION OF THE SOUTHWEST QUARTER OF SECTION
TOWNSHIP 39 NORTH, RANGE 14 EAST OF THE THIRD PRINCIPAL MERIDIAN (RECORDED MARCH 20, 1854, ANTE-FIRE), LYING EASTERLY OF THE SOUTHEASTERLY LINE OF OGDEN AVENUE, AND LYING WEST OF THE WEST LINE OF N. LOOMIS STREET;
TOGETHER WITH THE VACATION OF:
THAT PART OF N. LOOMIS STREET LYING NORTH OF THAT PART OF HERETOFORE VACATED N. LOOMIS STREET (43.00 FEET IN WIDTH), VACATED BY DOCUMENT NO. 97071986, BEING ALSO NORTH OF A LINE 145.26 FEET NORTH OF AND PARALLEL WITH THE NORTH LINE OF W. RANDOLPH STREET, AS WIDENED, BY ORDER OF POSSESSION ENTERED BY T...
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