OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
January 13, 2016
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 ("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 8856 South Mackinaw Avenue, Chicago, Illinois, 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 to ordinances adopted by the City Council of the City on April 12, 2000, published in the Journal of Proceedings of the City Council for such date at pages 28776, 28778 through 28876; and
WHEREAS, Dora Dixie (the "Grantee"), with a principal address of 5421 South Cornell Avenue, Unit 13, Chicago, Illinois 60615, has offered to purchase the Property from the City for the sum of Eight Thousand and No/100 Dollars ($8,000.00), such amount being the appraised fair market value of the Property, to improve with landscaped open space thereon; and
WHEREAS, pursuant to Resolution No. 15-109-21 adopted on November 19, 2015, by the Plan Commission of the City (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 December 2 and 9, 2015; and
WHEREAS, no alternative proposals were received by the deadline indicated in the aforesaid notice; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. The City Council of the City hereby approves the sale of the Property to the Grantee for the amount of Eight Thousand and No/100 Dollars ($8,000.00).
SECTION 2. The Mayor or his proxy is authorized to execute, and the City Clerk or Deputy City Clerk is authorized to attest, a quitclaim deed conveying the Property to the Grantee. The quitclaim deed shall also contain language substantially in the following form:
This conveyance is subject to the express condition that: the Property is improved with landscaped open space within six (6) months of the date of this deed. In the event that the condition is not met, the City of Chicago may re-enter the Property and revest title in the City of Chicago. Grantee, at the request of the City of Chicago, covenants to execute and deliver to the City a reconveyance deed to the Property to further evidence such revesting of title. This right of reverter and re-entry shall terminate upon the issuance of a certificate of completion, release or similar instrument by the City of Chicago.
The Grantee acknowledges that if the Grantee develops the Property with a residential housing project, as defined under and that is subject to Section 2-45-115 of the Municipal Code of the City (the "2015 Affordable Requirements Ordinance"), the Grantee and such project shall be obligated to comply with the 2015 Affordable Requirements Ordinance.
SECTION 3. If any provision of this ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such provision shall not affect any of the other provisions of this ordinance.
SECTION 4. All ordinances, resolutions, motions or orders inconsistent with this ordinance are hereby repealed to the extent of such conflict.
SECTION 5. This ordinance shall take effect upon its passage and approval.
EXHIBIT A
Purchaser: Purchaser's Address: Purchase Amount: Appraised Value:
Dora Dixie
5421 South Cornell Avenue, Unit 13
$8,000.00 $8,000.00
Legal Description (Subject to Title Commitment and Survey):
Lot 22 & 23 in Block 29 in South Chicago, a subdivision made by Calumet & Chicago Canal & Dock Co. of the E. Vi of the W. V2 and parts of the E. Fractional V2 of Fractional Section 6, N. of the Indian Boundary Line, and that part of Fractional Section 6, S. of the Indian Boundary Line, lying N. of the Michigan Southern R.R. and Fractional Section 5, all in Township 37 North, Range 15, East of the Third Principal Meridian, in Cook County, Illinois
Address: 8856 South Mackinaw Avenue
Chicago, Illinois 60615
Property Index Number:
CITY OF CHICAGO ECONOMIC DISCLOSURE STATEMENT AND AFFIDAVIT
SECTION I - GENERAL INFORMATION
A. Legal name of the Disclosing Party submitting this EDS. Include d/b/a/ if applicable:
3)0
Check ONE of (he following three boxes:
Indicate whether the Disclosing Party submitting this EDS is:
1. the Applicant
OR *- _ ¦
2. [ ] a legal entity holding a direct or indirect interest in the Applicant. State the legal name of the
Applicant in which the Disclosing Party holds an interest:. ,. .,
OR
3. [ ] a legal entity with a right of control (see Section II.B.l.) State the legal name of the entity in
which the Disclosing Party holds a right of control: s
B. Business address of the Disclosing Party:
Telephone: /" [x: Email:.
Name of contact person: O \T (X— -J^i^/ ^3
E. Federal Employer Identification No. (if you have one):
Brief description of contract, transaction or other undertaking (referred to below as the "Matter") to which this EDS pertains. (Include project number and location of property, if applicable):
M^^ecttJ 5a \r f^oyu^ $¦ Mo^th;hoha>-five1
Which City agency or department is requesting this EDS? "pg p-f,