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Record #: O2015-6170   
Type: Ordinance Status: Passed
Intro date: 7/29/2015 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 9/24/2015
Title: Intergovernmental agreement with Chicago Park District regarding conveyance of property at 4030 N Oak Park Ave for construction of new Read Dunning Park
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Intergovernmental
Attachments: 1. O2015-6170.pdf
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 ofthe Commissioner of Planning and Development, I transmit herewith an ordinance authorizing the execution of an intergovernmental agreement with the Chicago Park District regarding a conveyance of property.

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 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 Chicago Park District (the "Park District") is a body politic and corporate organized and existing under the Chicago Park District Act, 70 ILCS 1505/0.01 ef seq., with authority to exercise control over and supervise the operation of all parks within the corporate limits ofthe City; and
WHEREAS, the City is the owner of that certain parcel of real estate legally described on Exhibit A attached hereto consisting of approximately 7.5 acres of vacant land (the Property"); and

WHEREAS, the Property is located in the Read Dunning TIF; and
WHEREAS, the Park District wishes to construct the new Read Dunning Park (the "Park") on the Property; and

WHEREAS, the cost of improvements forthe Park is $3 Million; and

WHEREAS, the Illinois Department of Commerce and Economic Opportunity is providing a grant in the amount of $3 Million to the Park District for construction of the Park; and

WHEREAS, the Park will have an artificial turf field to accommodate programming for baseball, Softball, soccer, football and lacrosse, include bleachers, concessions, scoreboards, athletic field lighting, landscaping, and bathrooms, have up to 93 parking spots and a walking path which encircles the Park; and
WHEREAS, construction is antici...

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