ORDINANCE
WHEREAS, the City of Chicago (the "City") is a municipal corporation and home rule unit of government under 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 Chicago Park District (the "Park District") is an Illinois municipal corporation and a unit of local government under Article VII, Section 1 of the 1970 Constitution of the State of Illinois, and as such is authorized to exercise control over and supervise the operation of all parks within the corporate limits of the City; and
WHEREAS, the Park District wishes to develop and operate a park (the "Project") at the property commonly known as 10440-44 S. Corliss Avenue, Chicago, Illinois, and legally described in Exhibit A attached hereto and incorporated herein (the "Property"); and
WHEREAS, the City wishes to assist the Park District with the Project by conveying the Property to the Park District; and
WHEREAS, the City is authorized to convey title to or other interests in City-owned real estate to other municipalities in accordance with the provisions of the Local Government Property Transfer Act, 50 ILCS 605/0.01 et seq.; and
WHEREAS, the Property lies wholly within the boundaries of the North Pullman Redevelopment Project Area (as defined below); and
WHEREAS, the City has established the Community Development Commission ("CDC") to, among other things, designate redevelopment areas, approve redevelopment plans, and recommend the sale of parcels located in redevelopment areas, subject to the approval ofthe City Council ofthe City of Chicago (the "City Council"); and
WHEREAS, by Resolution No. 18-CDC-5, adopted on March 13, 2018, the CDC recommended the sale of the Property to the Park District; and
WHEREAS, by Resolution No. 18-030-21, adopted by the Chicago Plan Commission ("CPC") on April 19, 2018, the CPC recommended the sale of the Property to th...
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