SUBSTITUTE 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 parcel of property located at 1433 West 45th Street, Chicago, Illinois 60609, which is legally described on Exhibit A attached hereto (the "Property"); and
WHEREAS, J. Guadalupe Mancilla (the "Grantee"), with a business address of 4506 South McDowell Avenue, Chicago, Illinois 60609, has offered to purchase the Property from the City for the sum of Fifteen Thousand Five Hundred and 00/100 Dollars ($15,500.00), such amount being Five Hundred and 00/100 Dollars ($500.00) over the appraised fair market value of the Property, to improve with landscaped open space thereon; 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 January 10 and 17, 2018; and
WHEREAS, the Department of Planning and Development (the "Department") received an alternative proposal in response to the public notice from Rafael Brisuela of 1433 West 45th Street, Chicago, Illinois 60609, which offered to purchase the Property for Fifteen Thousand and No/100 Dollars ($15,000.00) to improve with landscaped open space thereon; and
WHEREAS, the Department has evaluated both proposals and has found that the proposal submitted by the Grantee to be in the best interests of the City; and
WHEREAS, pursuant to Resolution No. 18-011-21 adopted on February 15, 2018, by the Plan Commission of the City (the "Commission"), the Commission approved the negotiated sale of the Property to the Grantee; and
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. The City Council of the City hereby app...
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