OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEJL MAYOR
April 30, 2014
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the Commissioner of Planning and Development, I transmit herewith ordinances authorizing the sale of City-owned property.
Your favorable consideration of these ordinances will be appreciated.
Mayor
Very truly yours,
AN ORDINANCE OF THE CITY OF CHICAGO, ILLINOIS AUTHORIZING THE NEGOTIATED SALE AND CONVEYANCE OF A CITY PROPERTY TO ULTIMATE GAS & MINI MART, INC. AND DESIGNATING ULTIMATE GAS & MINI MART, INC. AS DEVELOPER
WHEREAS, the City of Chicago ("City") is a home rule unit of government by virtue of the provisions of the Constitution of the 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 has established the Community Development Commission ("CDC") to, among other tilings, designate redevelopment areas, approve redevelopment plans, and recommend the sale of parcels located in redevelopment areas, subject to the approval of the City Council; and
WHEREAS, pursuant to an ordinance adopted by the City Council ("City Council") of the City on May 29, 2002, and published at pages 85676 through 85871 in the Journal of the Proceedings of the City Council ("Journal") of such date, the City approved a certain redevelopment plan and project ("Redevelopment Plan") for the 47lh/Halsted Tax Increment Redevelopment Project Area ("Redevelopment Area") pursuant to the Illinois Tax Increment Allocation Redevelopment Act, as amended (65 1LCS 5/11 -74.4-1, et sea,.) ("Act"); and
WHEREAS, pursuant to an ordinance adopted by the City Council on June 10, 1998, and published at pages 85872 through 85888 in the Journal of such date, the City designated the Redevelopment Area as a redevelopment project area pursuant to the Act; and
WHEREAS, pursuant to an ordinance (the "TIF Ordinance") adopted by the Ci...
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