Record #: O2013-5737   
Type: Ordinance Status: Passed
Intro date: 7/24/2013 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 9/11/2013
Title: Sale of Chicago Board of Education property at 5051 W. Polk St to Alpha Baking Company, Inc. for expansion of bakery and industrial plant
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2013-5737.pdf


OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
July 24, 2013










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request ofthe Board of Education, I transmit herewith an ordinance authorizing a sale of property located at 5051 West Polk.

Your favorable consideration of this ordinance will be appreciated.

Mayor

Very truly yours,
('
ORDINANCE FOR ACCEPTANCE OF BID OF ALPHA BAKING COMPANY, INC. FOR PURCHASE OF BOARD OF EDUCATION OF CITY OF CHICAGO PROPERTY AT 5051 WEST POLK STREET


WHEREAS, the City of Chicago (the "City"), is a home rule unit of government under Article VII, Section 6(a) of the 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 Board of Education of the City of Chicago (the "Board"), is a body corporate and politic, organized under and existing pursuant to Article 34 of the School Code of the State of Illinois, 105 ILCS 5/1-1, et seq. (the "School Code"); and

WHEREAS, the Board is the owner of real estate located at 5051 West Polk Street which consists of approximately 5.67 vacant acres of land, as legally described on Exhibit A, attached hereto ("Property"); and
WHEREAS, pursuant to Resolution Number 13-0522-OP3 (the "Resolution"), adopted by the Board on May 22, 2013, the Board approved the sale ofthe Property; and

WHEREAS, title to the Property is currently held by the City, as Trustee, in Trust for the Schools; and
WHEREAS, the Resolution includes a recommendation to request the City Council Committee on Housing and Real Estate of the City of Chicago the sale of said Property, as in accordance with Section 34-21 (d)(1) ofthe School Code; and
WHEREAS, pursuant to Section 34-21 (b)(1) of the School Code, by vote of no less than two-thirds (2/3) of its full membership, the Board has determined that the Property has become unnecessary, unsuitable, and unprofitable for the use of th...

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