Share to Facebook Share to Twitter Bookmark and Share
This record contains private information, which has been redacted from public viewing.
Record #: O2015-4716   
Type: Ordinance Status: Failed to Pass
Intro date: 6/17/2015 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action:
Title: Sale of City-owned property at 3015 E 83rd Pl to Lights of Honor International, The
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2015-4716.pdf
Related files: R2019-362
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
June 17,2015










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.


Very truly yours,

Mayor
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 3015 East 83rd Place, Chicago, Illinois 60617, which is legally described on Exhibit A attached hereto (the "Property"), which property is located in the South Chicago Redevelopment Project Area ("Area") established pursuant ordinances adopted by the City Council of the City ("City Council") on April 12, 2000, published in the Journal of Proceedings of the City Council for such date at pages 28776 through 28876; and

WHEREAS, The Lights of Honor International (the "Grantee") of 8259 South Commercial Avenue, Chicago, Illinois 60617, has offered to purchase the Property from the City for the sum of Twenty Thousand and No/100 Dollars ($20,000.00), such amount being the appraised fair market value of the Property, to improve with landscaped open space thereon; and

WHEREAS, pursuant to Resolution No. 15-045-21 adopted on May 21, 2015, by the Plan Commission of the City of Chicago (the "Commission"), the Commission approved the negotiated sale of the Property to the Grantee; and

WHEREAS, public notice advertising the City's intent to enter into a negotiated sale of the Property with the Grantee and requesting alternative proposals appeared in the Chicago Sun-Times, a newspaper of general circulation, on April 17, 2015 and April 24, 20...

Click here for full text