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Record #: O2016-6910   
Type: Ordinance Status: Passed
Intro date: 9/14/2016 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 10/5/2016
Title: Sale of City-owned property at 6846 S Lafayette St to Eva Douglas
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2016-6910.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
September 14, 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 ofthe Constitution ofthe 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 6846 South Lafayette Avenue, Chicago, Illinois 60621, which is legally described on Exhibit A attached hereto (the "Property"), which Property is located in the 67th/Wentworth Redevelopment Project Area ("Area"), as amended, established pursuant to ordinances adopted by City Council of the City on May 14, 2011, published in the Journal of Proceedings of the City Council for such date at pages 116699 through 116873.

WHEREAS, Eva Douglas (the "Grantee"), with a home address of 6842 South Lafayette Avenue, Chicago, Illinois 60621, has offered to purchase the Property from the City for the sum of Six Hundred Fifty and 00/100 Dollars ($650.00), such amount being the appraised fair market value ofthe Property, to improve with landscaped open space thereon; and

WHEREAS, pursuant to Resolution No. 16-054-21 adopted on July 21, 2016, by the Plan Commission ofthe 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 June 16, 2016 and June 23, 2016; and

WHEREA...

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