OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
September 20, 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 ofthe Constitution ofthe 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 8104 South Vincennes Avenue, Chicago, Illinois 60615, which is legally described on Exhibit A attached hereto (the "Property"); and,
WHEREAS, the City, acting through its Department of Planning and Development ("DPD"), has proposed to sell the Property through a sealed bid auction pursuant to Chapter 2-158 ofthe Municipal Code ofthe City of Chicago; and
WHEREAS, the Commissioner of DPD caused to be published a public notice advertising the City's intent to sell the Property through a sealed bid auction, and such advertisements appeared in the Chicago Sun-Times, a newspaper of general circulation, on May 29, June 5 and 12, 2018; and
WHEREAS, the only sealed bid received in response to the aforesaid public notice was opened in a public meeting before a certified court reporter and, the bid was from SIMEONNATION NFP, 1507 East 53rd Street #836, Chicago, Illinois, 60615 in the amount of Sixteen Thousand Dollars ($16,000.00); and
WHEREAS, the "as is" market value ofthe Property as of May 17, 2018 was $16,000.00; and
WHEREAS, DPD has recommended that the sealed bid of SIMEONNATION NFP, the sole and highest bidder, be accepted by the City Council; and
WHEREAS, pursuant to Resolution No. 18-050-21 adopted on August 16, 2018, by th...
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