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This record contains private information, which has been redacted from public viewing.
Record #: O2019-8594   
Type: Ordinance Status: Passed
Intro date: 11/13/2019 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 12/18/2019
Title: Negotiated sale of City-owned property at 1901 W 63rd St, 1904-1906 W 63rd St to Bread of Life Misionary Baptist Church
Sponsors: Lightfoot, Lori E.
Topic: PROPERTY - Sale
Attachments: 1. O2019-8594.pdf


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

November 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.


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 parcels of property located at 1901 and 1904 through 1906 West 63rd Street, Chicago, Illinois 60636, which is legally described on Exhibit A attached hereto (the "Properties"); and

WHEREAS pursuant to ordinances adopted by the City Council of the City of Chicago ("City Council") on March 29, 2006, and published at pages 72958 through 73124 in the Journal of Proceedings of the City Council ("Journal") for such date, the City Council approved a certain redevelopment plan and. project for the 63rd/Ashland Redevelopment Project Area ("TIF Area"); and

WHEREAS, Bread of Life Missionary Baptist Church (the "Grantee"), which has a business address of 1924 West 63rd Street, Chicago, Illinois 60636, has offered to purchase the Properties from the City for the sum of Eleven Thousand and 00/100 Dollars ($11,000.00), such amount being the appraised fair market value of the Properties, to improve with landscaped open space thereon; and

WHEREAS, pursuant to Resolution No. 19-037-21 and 19-038-21 adopted on July 18, 2019, by the Plan Commission of the City (the "Commission"), the Commission approved the negotiated sale of the Properties to the Grantee; and

WHEREAS, public notice advertising the City's intent to enter into a negotiated sale of the Properties with the Gr...

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