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This record contains private information, which has been redacted from public viewing.
Record #: O2017-1006   
Type: Ordinance Status: Passed
Intro date: 2/22/2017 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 3/29/2017
Title: Sale of City-owned property at 1328 and 1330 S Central Park Ave and 3340 W Van Buren Ave to Edward Negron and Laura Quintana
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2017-1006.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR

February 22, 2017










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 parcels of property located at 1328-30 South Central Park Avenue, Chicago, Illinois 60624, and 3340 West Van Buren Street, Chicago, Illinois, 60624, which are legally described on Exhibit A attached hereto (the "Properties"), which Properties are located in the Midwest Redevelopment Project Area ("Area"), as amended, established pursuant to ordinances adopted by City Council of the City on May 17, 2000, published in the Journal of Proceedings of the City Council for such date at pages 30775 through 30953.

WHEREAS, Edward Negron and Laura Quintana (the "Grantees"), with a home address of 3411 West Adams Street, Chicago, Illinois 60624 and 3633 West Belmont Avenue, Apt. 1, Chicago, Illinois 60618, respectively, have offered to purchase the Properties from the City for the sum of Sixteen Thousand Nine Hundred and 00/100 Dollars ($16,900.00), such amount being the appraised fair market value of the Properties, to improve with landscaped open space thereon; and
WHEREAS, pursuant to Resolution No. 16-094-21 adopted on October 20, 2016, by the Plan Commission of the City (the "Commission"), the Commission approved the negotiated sale of the Properties to the Grantees; and
WHEREAS, public notice advertising the City's intent to enter into a negotiated sale of the P...

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