This record contains private information, which has been redacted from public viewing.
Record #: O2015-3715   
Type: Ordinance Status: Passed
Intro date: 5/6/2015 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 6/17/2015
Title: Negotiated sale of City-owned property at 4200 S Vincennes Ave to NeighborSpace
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2015-3715.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
May 6, 2015










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,
ORDINANCE

WHEREAS, the City of Chicago (the "City") is a home rule unit of government by virtue of the provisions of Article VII, Section 6(e) ofthe 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 Council ofthe City (the "City Council") finds that there is a lack of sufficient open space in the City for recreational and aesthetic uses, and as a result there is a need to develop small open spaces as parks, gardens and natural areas for public use for the benefit of the citizens of the City; and

WHEREAS, the Chicago Plan Commission ("CPC"), the Chicago Park District and the City Council have previously prepared and approved that certain planning document entitled, "CitySpace: An Open Space Plan For Chicago," dated January 1998 (the "Open Space Plan"), which sets forth certain goals and objectives for increasing open space in the City; and

WHEREAS, the Open Space Plan sets a minimum standard of two acres of open space per 1,000 residents; and

WHEREAS, the Grand Boulevard Community Area has been identified as having a need for additional open space; and

WHEREAS, the City Council, by ordinances adopted on March 27, 2002 and published in the Journal of Proceedings of the City Council (the "Journal") for such date at pages 81231 through 81472, has approved a redevelopment plan and project (the "Plan") for the 47th / King Drive Tax Increment Financing (the "Area") pursuant to the Illinois Tax Increment Allocation Redevelopment Act, as amended (65 ILCS 5/1...

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