COMMERCIAL 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 2207-2215 S. Michigan Avenue and 2206-2218 S. Indiana Avenue are owned by Michigan Cermak Indiana LLC; and
WHEREAS, Michigan Cermak Indiana LLC proposes to use the portion ofthe alley to be vacated herein for construction of a hotel; and
WHEREAS, the City Council of the City of Chicago, after due investigation and consideration, has determined that the nature and extent of the 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. TO BE DEDICATED:
THE SOUTH 20 FEET OF THE NORTH 99.58 FEET OF THE EAST 1/2 OF BLOCK 4 (EXCEPT THAT PART TAKEN FOR 22nd STREET AND FOR ALLEY) IN CANAL TRUSTEE'S SUBDIVISION OF THE WEST 1/2 OF SECTION 27, TOWNSHIP 39 NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, RECORDED SEPTEMBER 4, 1848 ANTE-FIRE AND RERECORDED SEPTEMBER 24, 1877 AS DOCUMENT NUMBER 151615, IN COOK COUNTY, ILLINOIS, SAID PARCEL CONTAINING 3,205.00 SQUARE FEET, 0.0736 ACRES, MORE OR LESS as shaded and legally described by the words "HEREBY DEDICATED FOR PUBLIC ALLEY" on the Plat of Dedication hereby attached as Exhibit A
TO BE VACATED:
THAT PART OF A NORTH—SOUTH 20 FOOT WIDE PUBLIC ALLEY LYING SOUTH OF AND ADJOINING THE SOUTH LINE OF EAST 22nd STREET (CERMAK ROAD) AS WIDENED BY ORDINANCE PASSED APRIL 12, 1922, ORDER OF POSSESSION COUNTY COURT FEBRUARY 2. 1927 GENERAL NUMBER 47729; LYING WEST OF AND ADJOINING THAT PART OF THE EAST 1/2 OF BLOCK 4 (EXCEPT THAT PART TAKEN FOR 22nd STREET AND FOR ALLEY) IN CANAL TRUSTEE'S SUBDIVISION OF THE WEST 1/2 OF SECTION 27, ...
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