COMMERCIAL VACATION ORDINANCE
WHEREAS, the City of Chicago ("City") is a home rule unit of local government pursuant to Article VII, Section 6 (a) of the 1970 Constitution of the State of Illinois and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the property at 4616 N. Winthrop Avenue is owned by Uptown 4601 Owner LLC, a Delaware limited liability company ("Developer"); and
WHEREAS, the properties at 1050 to 1054 W. Wilson Avenue are owned by 1050 Wilson Partners LLC, an Illinois limited liability Company; and
WHEREAS, 1050 Wilson Partners LLC has quit claimed its interest in the alley subject to an access easement; and
WHEREAS, the Developer proposes to use the portion of the alley remnant to be vacated herein for loading and accessory uses in support of an adjacent new mixed use building, as approved under Planned Development 1366 (PD1366); and
WHEREAS, the City Council of the City of Chicago, after due investigation and consideration, has determined that the nature and extent of the public use and the public interest to be subserved is such as to warrant the vacation of the remaining portion of the public alley described in the following ordinance; now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1.
VACATION OF:
THAT PART OF AN EASTERLY-WESTERLY 16 FOOT WIDE PUBLIC ALLEY, LYING IN THE WEST 1/2 OF THE NORTHEAST 1/4 OF SECTION 17, TOWNSHIP 40 NORTH, RANGE 14 EAST OF THE THIRD PRINCIPAL MERIDIAN, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
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BEGINNING AT THE SOUTHEAST CORNER OF LOT 18 IN THE SUBDIVISION OF LOTS 172 TO 180 INCLUSIVE IN THE WILLIAM DEERING SURRENDEN SUBDIVISION RECORDED JULY 9,1901 AS DOCUMENT NO. 3124155; SAID POINT ALSO BEING ON THE SOUTHWESTERLY RIGHT OF WAY LINE OF S. WINTHROP AVENUE; THENCE SOUTHEASTERLY, ALONG SAID SOUTHWESTERLY LINE, BEING A CURVE, CONCAVE TO THE NORTH, HAVING A RADIUS OF 126.44 FEET, AN ARC DISTANC...
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