COMMERCIAL VACATION ORDINANCE
WHEREAS, the City of Chicago ("City") is a home rule unit of local government pursuant to Article VII, Section 6 (a) ofthe 1970 Constitution ofthe State of Illinois and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the properties at 338-350 N Peoria Street, 900-924 W. Carroll Avenue (vacated) and 339-355 N. Sangamon Street (vacated) are owned by Nealey Family Limited Partnership, an Illinois limited partnership ("Developer"); and
WHEREAS, the Developer proposes to use the portion ofthe alley remnant to be vacated herein for parking; and
WHEREAS, the City Council of the City of Chicago, after due investigation and consideration, has determined that the nature and extent ofthe public use and the public interest to be subserved is such as to warrant the vacation of that portion of the public alley, described in this ordinance; now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1.
VACATION OF: THAT PART OF THE NORTH-SOUTH 16 FOOT WIDE AND THE EAST-WEST 13 FOOT WIDE PUBLIC ALLEY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF LOT 17; THENCE ALONG AN ASSUMED BEARING OF SOUTH 00 DEGREES 25 MINUTES 30 SECONDS EAST ALONG THE WEST LINE OF LOT 17 A DISTANCE OF 1.14 FEET (MEASURED ALONG SAID WEST LINE) TO THE WESTERLY TERMINUS OF A LINE HEREIN AFTER DESIGNATED LINE "A"; THE EASTERLY TERMINUS OF SAID LINE "A" BEING A POINT ON THE EAST LINE OF LOT 9 WHICH IS 14.68 FEET SOUTH (MEASURED ALONG SAID EAST LINE) OF THE NORTHEAST CORNER THEREOF; THENCE SOUTH 81 DEGREES 31 MINUTES 10 SECONDS EAST ALONG SAID LINE "A" 118.41 FEET TO ITS POINT OF INTERSECTION WITH THE EAST LINE OF LOT 17, SAID POINT BEING THE POINT OF BEGINNING; THENCE SOUTH 81 DEGREES 31 MINUTES 10 SECONDS EAST ALONG SAID LINE "A" 16.20 FEET TO ITS POINT OF INTERSECTION WITH THE WEST LINE OF LOT 8; THENCE SOUTH 00 DEGREES 25 MINUTES 33 SECONDS EAST ALONG THE WEST LINE OF...
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