OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
April 19,2017
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 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 parcels of property located at 2816-18 West Monroe Street, Chicago, Illinois 60612, which are legally described on Exhibit A attached hereto (the "Properties"); and
WHEREAS pursuant to ordinances adopted by the City Council of the City of Chicago ("City Council") on May 17, 2000, and published at pages 30775 through 30953 in the Journal of Proceedings of the City Council ("Journal") for such date, the City Council approval a certain redevelopment plan and project for the Midwest Redevelopment Project Area ("Area"); and
WHEREAS, The 939 William R. Beahan Living Trust dated September 8, 2006 (the "Grantee"), with a business address of 3412 Meyers Road, Oakbrook, Illinois 60521, has offered to purchase the Properties from the City for the sum of Twelve Thousand and No/100 Dollars ($12,000.00), such amount being the appraised fair market value of the Properties, to improve with landscaped open space thereon; and
WHEREAS, pursuant to Resolution No. 17-020-21 adopted on March 16, 2017, by the Plan Commission of the City (the "Commission"), the Commission approved the negotiated sale of the Properties to the Grantee; and
WHEREAS, public notice advertising the City's intent to enter into a negotiated sale of the Properties with the Grantee and requesting alternativ...
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