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This record contains private information, which has been redacted from public viewing.
Record #: O2018-3823   
Type: Ordinance Status: Passed
Intro date: 4/18/2018 Current Controlling Legislative Body: Committee on Budget and Government Operations
Final action: 5/25/2018
Title: Appropriation of proceeds from sale of properties at 1685 N Throop St and portion of S Wentworth Ave to fund design, construction and associated costs for Department of Fleet and Facility Management facilities and Public Safety Training Academy, development of 3-1-1 System, and associated real estate brokerage fees
Sponsors: Emanuel, Rahm
Topic: FINANCE FUNDS - Miscellaneous
Attachments: 1. O2018-3823.pdf

 

OFFICE OF THE MAYOR

CITY OF CHICAGO

RAHM EMANUEL

MAYOR

April 18,2018

 

 

 

 

 

 

 

 

 

TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO

 

 

Ladies and Gentlemen:

 

At the request of the Budget Director, I transmit herewith an ordinance authorizing appropriations and associated expenditures.

 

Your favorable consideration of this ordinance will be appreciated.

Mayor

 

Very truly yours,

 

ORDINANCE

 

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

 

SECTION 1. With regard to an ordinance that the City Council passed on October 11, 2017, authorizing the sale of City-owned properties at 1685 North Throop Street and on South Wentworth Avenue (Ordinance No. SO2017-6680), the City Council hereby appropriates the proceeds of $106,131,112.00 from that sale to fund the following: (i) design, construction and associated costs for Fleet and Facility Management Facilities and the Public Safety Training Academy, (ii) development and associated costs for modernization of the City's 3-1-1 System, and (iii) brokers' commissions associated with the sale of the aforementioned City-owned properties.

 

SECTION 2. This ordinance shall be in force and effect upon passage and approval.