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This record contains private information, which has been redacted from public viewing.
Record #: O2013-8409   
Type: Ordinance Status: Passed
Intro date: 11/13/2013 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 12/11/2013
Title: Sale of City-owned property at 3501-3519 W 63rd St to GSDC DV LLC and WM Initiatives LLC and agreement for development and operation of new or expanded interim housing for families
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2013-8409.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
November 13,2013










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 city-owned property.

Your favorable consideration of these ordinances will be appreciated.

Very truly yours,

Mayor
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, the City owns the real property and improvements located at 3501-19 West 63rd Street, Chicago, Illinois, as legally described on Exhibit A attached hereto (the "City Property"); and
WHEREAS, the City Property is comprised of approximately.57 acres (or 24,824 square feet), and is improved with a vacant police station containing approximately 8,788 square feet of gross building area (the "Building"); and

WHEREAS, GSDC DV LLC, an Illinois limited liability company ("GSDC"), and WM Initiatives LLC, an Illinois limited liability company ("WMI") have proposed to construct and operate a mixed-use building on the City Property, consisting of (a) a 40-bed supportive housing facility with 24-hour staff to provide support services (the "Shelter"), (b) three (3) units of rental housing for residents leaving the Shelter or similarly-situated individuals and families (the "Stage 2 Housing"), (c) offices for counseling and other social services to serve the current and former residents of the Shelter and similarly-situated individuals and families ("Office Space"), and (d) approximately 4,630 square feet of retail space to support the operations of the Shelter and the Stage 2 Housing (the "Retail Space"); and

WHEREAS, GSDC and WMI are collectively referred to herein as the "Developer Parties"; and

WHEREAS,...

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