This record contains private information, which has been redacted from public viewing.
Record #: O2014-4681   
Type: Ordinance Status: Passed
Intro date: 5/28/2014 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 6/25/2014
Title: Sale of City-owned property at 9117 S Houston Ave to Arnulfo and Juana Quezada
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2014-4681.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
May 28, 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 properties.

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 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 is the owner of the vacant parcel of property located at 9117 South Houston Avenue, Chicago, Illinois, which is legally described on Exhibit A attached hereto (the "Property"), which property is located in the Commercial Avenue Redevelopment Project Area ("Area") established pursuant ordinances adopted by the City Council of the City on November 13, 2002, published in the Journal of Proceedings of the City Council for such date at pages 97254 through 97439; and

WHEREAS, Arnulfo and. Juana Quezada ("Grantees"), 9119 South Houston Avenue, Chicago, Illinois 60617, have offered to purchase the Property from the City for the sum of Seven Thousand and No/100 Dollars ($7,000.00), such amount being the appraised fair market value of the Property, to improve with landscaped open space thereon; and

WHEREAS, pursuant to Resolution No. 14-025-21 adopted on April 23, 2014, by the Plan Commission of the City of Chicago (the "Commission"), the Commission approved the negotiated sale of the Property to the Grantees; and
WHEREAS, public notice advertising the City's intent to enter into a negotiated sale of the Property with the Grantees and requesting alternative proposals appeared in the Chicago Sun-Times, a newspaper of general circulation, on April 24, and May 1, 2014; and

WHEREAS, no alternative p...

Click here for full text