This record contains private information, which has been redacted from public viewing.
Record #: O2018-2374   
Type: Ordinance Status: Passed
Intro date: 3/28/2018 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 4/18/2018
Title: Sale of City-owned property at 5230 S Ashland Ave to Jose Luis Nunez
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2018-2374.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
March 28,2018










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 of Chicago is the owner of one vacant parcel of property located at 5230 South Ashland Avenue, Chicago, Illinois 60609, which is legally described on Exhibit A attached hereto (the "Property"), which Property is located in the 47th/Ashland Redevelopment Project Area ("Area"), established pursuant to ordinances adopted by the City Council of the City of Chicago (the "City Council") on March 27, 2002, published in the Journal of Proceedings of the City Council for such date at pages 85676 through 85904.

WHEREAS, Jose Luis Nunez (the "Grantee"), who has a principal residence of 4843 South Komensky Avenue, Chicago, Illinois 60632, has offered to purchase the Property from the City of Chicago for the sum of Eight Thousand and 00/100 Dollars ($8,000.00), such amount being 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 February 12, 2018 and February 19, 2018; and
WHEREAS, no alternative proposals were received by the deadline indicated in the aforesaid notice; now,

WHEREAS, pursuant to Resolution No. 18-019-21 adopt...

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