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This record contains private information, which has been redacted from public viewing.
Record #: O2014-5096   
Type: Ordinance Status: Passed
Intro date: 6/25/2014 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 7/30/2014
Title: Second amendment to redevelopment agreement for land sale to By The Hand Club For Kids
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Redevelopment
Attachments: 1. O2014-5096.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
June 25,2014









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 ordinance authorizing an amendment to a previously passed land sale at 402 North Laramie.

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 of the 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 on October 7, 2009, and published at pages 72529 through 72562 in the Journal of the Proceedings of the City Council (the "Journal") for such dale (the "Ordinance"), the City and By the Hand Club for Kids, an Illinois not-for-profit corporation ("Developer"), have entered into that certain Agreement for the Sale and Redevelopment of Land dated February 24, 2011, and recorded in the Office of the Recorder of Deeds of Cook County, Illinois (the "Recorder's Office") on March 18, 2011, as document no. 1107733080, relating to Developer's construction of two (2) parking lots and an approximately 24,000 square foot, after-school care center that will serve approximately 264 children in grades first through twelfth (the "Agreement"); and

WHEREAS, pursuant to the Ordinance, and in connection with the Agreement, the City has previously conveyed to Developer the real property commonly known as 410 North Leamington Avenue, Chicago, Illinois, and legally described in Exhibit A attached hereto (the "Leamington Parcel"), and the real property commonly known as 402 North Laramie Street, Chicago, Illinois, and legally described in Exhibit B attached hereto (the "Laramie Parcel"), by the City's quitclaim deeds, each dated February 24, 2011, and recorde...

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