This record contains private information, which has been redacted from public viewing.
Record #: O2019-5588   
Type: Ordinance Status: Passed
Intro date: 7/24/2019 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 9/18/2019
Title: Property acquisition agreement with Brian Healy, Bridget Healy and Healy & McMahon LLC , dissolved, all owners of certain portions of property located within 7733-7759 W Clarence Ave
Sponsors: Lightfoot, Lori E.
Topic: PROPERTY - Acquisition
Attachments: 1. O2019-5588.pdf



OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR

July 24, 2019










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


Ladies and Gentlemen:

At the request of the Commissioner of Transportation^ I transmit herewith an ordinance authorizing acquisition of property on portions of West Clarence Avenue.

Your favorable consideration of this ordinance will be appreciated.


Very truly yours,

I



ORDINANCE

WHEREAS, The City of Chicago (the "City") is a home rule unit of government pursuant to Article VII, Section 6(a) of the 1970 State of Illinois Constitution and may exercise any power related to its local governmental affairs; and

WHEREAS, Pursuant to an ordinance adopted on April 15, 2015 ("Acquisition Ordinance") and published at pages 106338 through 106340, in the Journal of such date, the City Council approved the acquisition by the Commissioner ("Commissioner") of the City's Department of Transportation ("CDOT") of portions of the real property commonly known as 7733-7759 West Clarence Avenue, Chicago, legally described on Exhibit A thereto ("Parcels") for right of way purposes, vehicular access by the public and emergency responders and any other public purpose; and

WHEREAS, The Acquisition Ordinance authorized the Corporation Counsel to undertake negotiations on behalf of the City with the owners of the Parcels; and

WHEREAS, Such negotiations have proceeded and the City has reached agreement with Brian Healy and Bridget Healy, a married couple and Healy & McMahon, LLC, a dissolved Illinois limited liability company, the owners of the Parcels (collectively and jointly and severally, "Seller") on a purchase price of $88,000.00 ("Purchase Price") for the portion of the Parcels legally described on Exhibit A hereto and depicted on Exhibit B hereto ("Property"), which is conditioned on the parties entering into a purchase agreement in substantially the form attached hereto as Exhibit C ("Purchase Agreement"); and

WHEREAS, The Acq...

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