COMMERCIAL VACATION ORDINANCE
WHEREAS, the City of Chicago ("City") is a home rule unit of local government pursuant to Article VII, Section 6 (a) of the 1970 constitution of the State of Illinois and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the properties at 4740-4758 S. Western Avenue and 2400-2410 and 2414-2420 W. 48th Street are owned by 48th Street Acquisitions, LLC, an Illinois Limited Liability Company; and
WHEREAS, 48 Street Acquisitions, LLC proposes to use the portion ofthe alley to be vacated herein for surface parking; and
WHEREAS, the City Council of the City of Chicago, after due investigation and consideration, has determined that the nature and extent ofthe public use and the public interest to be subserved is such as to warrant the vacation of part of public alley, described in the following ordinance; now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. THAT PART OF THE 16 FOOT WIDE NORTH-SOUTH PUBLIC ALLEY IN KAREL V. JANOVSKY'S SUBDIVISION OF THE SOUTH HALF OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION 12, TOWNSHIP 38 NORTH, RANGE 13 EAST OF THE THIRD PRINCIPAL MERIDIAN IN COOK COUNTY ILLINOIS, ACCORDING TO THE PLAT OF SAID KAREL V. JANOVSKY'S SUBDIVISION RECORDED ON JANUARY 26,1911 AS DOCUMENT 4697896, SAID PART OF THE 16 FOOT WIDE PUBLIC ALLEY LYING EAST OF AND ADJOINING LOT 11, LYING WEST OF AND ADJOINING LOTS 6 THROUGH 10, (BOTH INCLUSIVE) LYING NORTH AND ADJOINING THE SOUTH LINE OF SAID LOT 11 EXTENDED EAST 16.00 FEET AND LYING SOUTH OF AND ADJOINING THE NORTH LINE OF LOT 11 EXTENDED EAST 16.00 FEET. TOTAL AREA = 1,999 SQUARE FEET (MORE OR LESS) as shaded and legally described by'the words "HEREBY VACATED" on the plat hereto attached as Exhibit A, which drawing for greater clarity, is hereby made a part of this ordinance, be and the same is hereby vacated and closed, inasmuch as the same i...
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