This record contains private information, which has been redacted from public viewing.
Record #: O2017-5583   
Type: Ordinance Status: Passed
Intro date: 7/26/2017 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 9/6/2017
Title: Acceptance of bid from Sanjeev Khatau for purchase of Chicago Board of Education property at 112 W Garfield Blvd
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2017-5583.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
July 26, 2017










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Commissioner of Fleet and Facility Management, I transmit herewith ordinances authorizing the sale of property on behalf of the Board of Education.

Your favorable consideration of these ordinances will be appreciated.

Mayor

Very truly yours,
ORDINANCE

WHEREAS, the City of Chicago (the "City"), is a home rule unit of government under Article VII, Section 6(a) of the Constitution of the State of Illinois and, as such, may exercise any power and perform any function pertaining to its government and affairs; and

WHEREAS, the Board of Education of the City of Chicago (the "Board"), is a body corporate and politic, organized under and existing pursuant to Article 34 of the School Code of the State of Illinois, 105 ILCS 5/1-1, et seq. (the "School Code"); and

WHEREAS, the Board is the owner of real estate located at the northeast corner of Dearborn and Garfield Boulevard also known as 112 West Garfield which consists of approximately 12,500 square feet of vacant land as legally described on Exhibit A, attached hereto ("Property"); and

WHEREAS, pursuant to Resolution Number 17-0628-OP6 (the "Resolution"), adopted by the Board on June 28, 2017, the Board approved the sale of the Property; and

WHEREAS, title to the Property is currently held by the City, as Trustee, in Trust for the Use of Schools; and

WHEREAS, the Resolution includes a recommendation to request the City Council of the City (the "City Council") authorize the sale of said Property, in accordance with Section 34-21(d)(1) of the School Code; and

WHEREAS, pursuant to Section 34-21 (b)(1) of the School Code, by vote of no less than two-thirds (2/3) of its full membership, the Board has determined that the Property has become unnecessary for the use of the schools, and that the sale of the Property is in the best interests o...

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