Share to Facebook Share to Twitter Bookmark and Share
This record contains private information, which has been redacted from public viewing.
Record #: O2017-3434   
Type: Ordinance Status: Passed
Intro date: 4/19/2017 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 5/24/2017
Title: Amendment of land sale agreement with YMCA for property at 1834 W Lawndale Ave/3707-3709 W Cortland Ave
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Redevelopment
Attachments: 1. O2017-3434.pdf
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 ordinance authorizing an amendment to a previously passed land sale agreement with the YMCA.

Your favorable consideration of this ordinance will be appreciated.

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, pursuant to an ordinance adopted by the City Council of the City ("City Council") on July 21, 1999, and published at pages 8799 through 8830 in the Journal of the Proceedings of the City Council of such date, the City and The Young Men's Christian Association of Chicago, an Illinois corporation created pursuant to special act of the Illinois legislature and a/k/a The Young Men's Christian Association of Metropolitan Chicago (the "Developer") have entered into that certain Agreement for the Sale and Redevelopment of Land and Joinder of Certain Property to this Agreement (the "Original Agreement") dated as of August 31, 1999, and recorded in the Office of the Recorder of Deeds of Cook County, Illinois (the "Recorder's Office"), on October 28, 1999, as Document No. 09016821; and
WHEREAS, pursuant to the Original Agreement, the City conveyed the real property located at 1834 N. Lawndale/3701-09 W. Cortland Avenue, Chicago, Illinois (the "Property"), to the Developer's Board of Trustees by quitclaim deed recorded in the Recorder's Office as Document No. 09016822 on October 28, 1999; and
WHEREAS, the Original Agreement required the Developer to construct an approximately 42,000 square foot YMCA facility, described as containing a day care center, a health and wellness center...

Click here for full text