OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
July 29,2015
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the Commissioner of Fleet and Facility Management, I transmit herewith an ordinance authorizing the sale of property on behalf of the Board of Education.
Your favorable consideration of this ordinance will be appreciated.
Mayor
Very truly yours,
ORDINANCE
WHEREAS, the City of Chicago (the "City"), is a home rule unit of government under Article VII, Section 6(a) of the 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 Board of Education of the City of Chicago (the "Board") is a body corporate and politic, organized under and existing pursuant to Article 34 of the School Code of the State of Illinois, 105 ILCS 5/1-1, et seq. (the "School Code"); and
WHEREAS, the Board is the owner of real estate located at 230 N. Kolmar Avenue Chicago, Illinois, which consists of a 76,971 square foot site improved with a 46,200 square foot, 55 year-old, closed school building in average condition, and which is comprised of two (2) parcels (such parcels, "Parcel A" and "Parcel B") and legally described on Exhibit A, attached hereto ("Property"); and
WHEREAS, title to Parcel A of the Property is currently held by the City, as Trustee, in Trust for the Use of Schools, and title to Parcel B of the Property is currently held by the Public Building Commission of Chicago for the Board; and
WHEREAS, the Board advertised the Property for sale from October 24, 2014 to November 24, 2014, pursuant to public notices that appeared in the Chicago Tribune on three (3) occasions and it received two (2) bids for the Property, which were opened in the Board's Department of Procurement and Contracts on November 24, 2014, the closing bid date; and
WHEREAS, the bid contains a requirement that all or a portion of ...
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