OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
December 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 an ordinance authorizing a sale of city-owned property located at 6424 - 34 South Woodlawn Avenue.
Your favorable consideration of this ordinance 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, the City is the owner of the vacant parcels of properties located at 6424-34 South Woodlawn Avenue, Chicago, Illinois, which are legally described on Exhibit A attached hereto ("Properties"), and which Properties are located in the Woodlawn Redevelopment Project Area ("Area") established pursuant to ordinances adopted by the City Council of the City ("City Council") on January 20, 1999, published in the Journal of Proceedings of the City Council ("Journal") for such date at pages 87763 through 87861; and
WHEREAS, the City, acting through its Department of Housing and Economic Development ("DHED"), has proposed to sell the Properties through a sealed bid auction pursuant to Chapter 2-158 of the Municipal Code of the City of Chicago; and
WHEREAS, the Commissioner of DHED caused to be published notice advertising the City's intent to sell the Properties through a sealed bid auction and such advertisements appeared in the Chicago Sun-Times, a newspaper of general circulation, on September 16, 2013, on September 23, 2013 and on September 30, 2013; and
WHEREAS, DHED opened the sealed bid received in response to the aforesaid public notice before a certified court reporter and received one conforming sealed bid from 6424 South Woodlawn, LLC, with a p...
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