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 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 3416-3444 West Lake Street, Chicago, Illinois 60624, which are legally described on Exhibit A attached hereto (collectively, the "Property"), which Property is located in the Chicago/Central Park Redevelopment Project Area ("Area") established pursuant ordinances adopted by the City Council of the City (the "City Council") on February 27, 2002, published in the Journal of Proceedings of the City Council for such date at pages 79794 through 80025; and
WHEREAS, Sean R. Kelly (the "Grantee"), of 4425 West Kinzie Street, Chicago, Illinois 60624, has offered to purchase the Property from the City for the sum of Seventy Thousand and No/100 Dollars ($70,000.00), such amount being the appraised fair market value of the Property; and
WHEREAS, the Grantee proposes to improve the Property with a parking lot, landscaping, and paved truck access to service the Grantee's adjacent building and ironworking company; 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 March 27 and April 3, 2017; and
WHEREAS, the Department of Planning and Development (the "Department...
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