COMMERCIAL ORDINANCE
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 properties at 2400-2410 N. Wolcott Avenue, 2401-2411 N. Wolcott Avenue (collectively, "Parcel 1") and the addresses previously known (prior to the Elston Avenue street reconfiguration) as 2401-2413 N. Elston Avenue ("Parcel 2") are owned by Vienna Beef LTD, an Illinois corporation ("Developer"); and
WHEREAS, the Developer proposes to use the portion of the streets to be vacated herein for parking and landscaping associated with the adjacent Developer redevelopment of the site; and
WHEREAS, the City Council of the City of Chicago, after due investigation and consideration, has determined that the nature and extent of the public use and the public interest to be subserved is such as to warrant the vacation of those portions of public streets, described in the following ordinance; now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. VACATION PARCEL 1 (N. Wolcott Avenue):
THAT PART OF THE SOUTHEAST QUARTER OF SECTION 30, TOWNSHIP 40 NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF LOT 15 IN BLOCK 8 OF FULLERTON'S ADDITION TO CHICAGO RECORDED ON MAY 7, 1879 AS DOCUMENT NUMBER 221101, BEING A SUBDIVISION OF THE SOUTHEAST 1/4 OF SECTION 30 AND THE NORTHEAST 1/4 OF SECTION 31, TOWNSHIP 40 NORTH, RANGE 14 EAST OF THE THIRD PRINCIPAL MERIDIAN; THENCE NORTHERLY ON AN ASSUMED BEARING OF NORTH 0 DEGREES 24 MINUTES 44 SECONDS WEST ALONG THE WEST LINE OF N. WOLCOTT AVENUE, 1.70 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING NORTH 0 DEGREES 24 MINUTES 44 SECONDS WEST ALONG SAID WEST LINE, 139.30 FEET TO THE EASTERLY EXTENSION OF...
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