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This record contains private information, which has been redacted from public viewing.
Record #: O2016-739   
Type: Ordinance Status: Passed
Intro date: 2/10/2016 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 4/13/2016
Title: Sale of City-owned property at 1801 W Jackson Blvd to Blackhawk Community Ice Rink LLC
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2016-739.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
February 10, 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 approximately 174,240 square feet (4 acres) of land located 1801 West Jackson Boulevard, having the Property Index Numbers (the "PINs") 17-18-226-026-0000 (partial) and 17-18-227-033-0000, as legally described on Exhibit A attached hereto (the "Property"); and
WHEREAS, the Property is located in the Central West Redevelopment Project Area (the "Redevelopment Area"), as created by ordinance adopted by the City Council of the City of Chicago ("City Council") on February 16, 2000; and

WHEREAS, the City Council, pursuant to an ordinance adopted on February 10, 2016, approved the rezoning of the Property from B3-3 Community Shopping District to an Institutional Planned Development District (the "PD"); and

WHEREAS, the Blackhawk Community Ice Rink, LLC, an Illinois limited liability company (the "Developer"), whose offices are located at 690 N. Lake Shore Drive, 19th Floor, Chicago, IL 60611, desires to purchase the Property from the City in order to redevelop the Property, in accordance with the PD for mixed use private/institutional purposes, more specifically, for the construct of a full service professional sports team practice facility and community hockey training facility. Developer will construct an approximate 127,000 square foot professional sports team practice ...

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