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This record contains private information, which has been redacted from public viewing.
Record #: O2019-2749   
Type: Ordinance Status: Passed
Intro date: 4/10/2019 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 6/12/2019
Title: First amendment to redevelopment agreement with Green Era Educational NFP at 650 W 83rd St regarding time extension of project completion date
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Redevelopment
Attachments: 1. O2019-2749.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
April 10,2019










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 ordinance amending a previously executed redevelopment agreement with Green Era ., Educational NFP.

Your favorable consideration of this ordinance will be appreciated.


Very truly yours,


Mayor
ORDINANCE

WHEREAS, the City of Chicago (the "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, pursuant to an ordinance ("Ordinance") passed by the City Council of the City (the "City Council") on November 18,2015, and published in the Journal of the Proceedings of the City Council (the "Journal") for such date at pages 13696 through 13736, the City and Green Era Educational NFP, an Illinois not-for-profit corporation ("Developer"), have entered into that certain Agreement for the Sale and Redevelopment of Land ("Redevelopment Agreement") dated December 15, 2015, and recorded in the Office ofthe Recorder of Deeds of Cook County, Illinois (the "Recorder's Office") on December 16, 2015 as document no. 1535029032; and

WHEREAS, pursuant to the Ordinance, and in connection with the Redevelopment Agreement, the City has previously conveyed to Developer the real property commonly known as 650 West 83rd Street, Chicago, Illinois, and legally described in Exhibit A attached hereto (the "Property"), by the City's quitclaim deed, dated December 16, 2015, and recorded with the Recorder's Office on December 16, 2015 as document no. 1535029031; and

WHEREAS, the Redevelopment Agreement requires Developer to construct an anaerobic digester facility on the Property and perform certain remedial environmental actions to the Property in accordance with the terms...

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