Record #: O2019-1494   
Type: Ordinance Status: Passed
Intro date: 3/13/2019 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 4/10/2019
Title: Negotiated sale of City-owned property at 211 S Bell Ave to Maurice Barnes
Sponsors: Emanuel, Rahm
Topic: PROPERTY - Sale
Attachments: 1. O2019-1494.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
March 13.2019










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 ofthe 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 one vacant parcel of property located at 211 South Bell Avenue, Chicago, Illinois 60612, which is legally described on Exhibit A attached hereto (the "Property"), which Property is located in the Central West Redevelopment Project Area ("Area"), established pursuant to ordinances adopted by City Council of the City (the "City Council") on February 16, 2000, published in the Journal of Proceedings ofthe City Council for such date at pages 25276 through 25432.

WHEREAS, Maurice Barnes (the "Grantee"), who has a principal residence address of 213 South Bell Avenue, Chicago, Illinois 60612, has offered to purchase the Property from the City for the sum of One Hundred Forty Thousand and 00/100 Dollars ($140,000.00), 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 ofthe Property with the Grantee and requesting alternative proposals appeared in the Chicago Sun-Times, a newspaper of general circulation, on January 14, 2019 and January 21, 2019; and

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

WHEREAS, pursuant to Resolution No. 18-076-21 adopted on December 20, 2018, b...

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