This record contains private information, which has been redacted from public viewing.
Record #: O2019-396   
Type: Ordinance Status: Passed
Intro date: 1/23/2019 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 3/13/2019
Title: Negotiated sale of City-owned property at 1920 S Fairfield Ave to Jorge Tamayo Ventura
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2019-396.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAH M EMANU FL
MAYOR
January 23,2019










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 is the owner of one vacant parcel of property located at 1920 South Fairfield Avenue, Chicago, Illinois 60608, which is legally described on Exhibit A attached hereto (the "Property"), which Property is located in the Western/Ogden Redevelopment Project Area ("Area"), established pursuant to ordinances adopted by City Council of the City (the "City Council") on February 5, 1998, published in the Journal of Proceedings of the City Council for such date at pages 61204 through 61411.

WHEREAS, Jorge Tamayo Ventura (the "Grantee"), who has a principal residence address of 1926 South Fairfield Avenue, Chicago, Illinois 60608, has offered to purchase the Property from the City for the sum of Six Thousand and 00/100 Dollars ($6,000.00), 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 October 15, 2018 and October 22, 2018; and

WHEREAS, no alternative proposals were received by the deadline indicated in the aforesaid notice; now,

WHEREAS, pursuant to Resolution No. 18-068-21 adopted on November ...

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