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This record contains private information, which has been redacted from public viewing.
Record #: O2013-6297   
Type: Ordinance Status: Passed
Intro date: 9/11/2013 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 10/16/2013
Title: Sale of City-owned property at 7711 S Greenwood Ave to New Life Covenant S.E. Church
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2013-6297.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
September 11,2013










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 the city-owned property.

Your favorable consideration of these ordinances will be appreciated.

Mayor

Very truly yours,
ORDINANCE


WHEREAS, the City of Chicago ("City") is a home rule unit of government by virtue of the provisions ofthe Constitution ofthe State of Illinois of 1970, and, as such, may exercise any power and perform any function pertaining to its government and affairs; and


WHEREAS, pursuant to an ordinance adopted by the City Council (the "City Council") on June 5, 2013 (the "Original Ordinance"), and published at pages 54753 through 54793 in the Journal of the Proceedings of the City Council (the "Journal") of such date, the City approved the sale of sixteen (16) parcels of vacant land in the 87th/Cottage Grove TIF Redevelopment Area ("Redevelopment Area"), to New Life Covenant S.E. Church (the "Grantee"), for development of a church campus which will consist of new construction of a 20,463 square foot, three-story church with four separate parking lots with approximately 656 spaces (the "Project")and further authorized the City to enter into a redevelopment agreement with the Grantee, substantially in the form attached to the Original Ordinance; and

WHEREAS, at the time of passage of the Original Ordinance, the Grantee was uncertain of the ownership status of the parcel of property legally described on Exhibit A attached hereto (the "New Parcel") which is essential to the Project; and

WHEREAS, the Grantee has determined that the New Parcel is owned by the U. S. Department of Housing and Urban Development ("HUD"); and

WHEREAS, the Parcel has an appraised value of $1,200.00; and

WHEREAS, HUD has agreed to transfer the New Parcel to the City for transfer ...

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