INTERGOVERNMENTAL VACATION
WHEREAS, the City of Chicago ("City") is a home rule unit of local government pursuant to Article VII, Section 6(a) of the 1970 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 City wishes to support the charitable, educational and philanthropic activities of established Not for Profit Corporations and encourage the continued viability and growth of such activities; and
WHEREAS, many Not For Profit Corporations own property that adjoins streets and alleys that are no longer required for public use and might more productively be used in furtherance of such activities; and
WHEREAS, the City would benefit from the vacation of these streets and alleys by reducing City expenditures on maintenance, repair and replacement; by reducing fly-dumping, vandalism and other criminal activity; and by providing support for such charitable, educational and philanthropic activities; and
WHEREAS, the City can promote strong communities by facilitating services to the public, and increase the City's job base and economic development through the vacation of public streets and/or alleys; and
WHEREAS, the properties located at 127-135 W. Kedzie Avenue and at 3140-3158 W. Maypole Avenue are owned by the City (collectively, the City Property"); and
WHEREAS, the properties located 3100-3134 W. Randolph Street; 3147-3157 W. Lake Street (AKA 139-147 N. Kedzie Avenue); and 3101 -3113 W. Lake Street (collectively, the "IFF Hatchery Properties") are all owned by IFF Hatchery, LLC, an Illinois limited liability company, whose sole member is IFF, an Illinois not for profit corporation (collectively, "IFF Hatchery, LLC"); ; and
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WHEREAS, the City of Chicago, under the jurisdiction of its Department of Planning and Development proposes to assemble and ultimately convey to IFF Hatchery, LLC, pursuant to a separate ordinance, the p...
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