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This record contains private information, which has been redacted from public viewing.
Record #: O2020-5730   
Type: Ordinance Status: Passed
Intro date: 11/16/2020 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 12/16/2020
Title: Negotiated sale of vacant City-owned property at 4444 S St. Lawrence Ave to Rosemary Wyche
Sponsors: Lightfoot, Lori E.
Topic: PROPERTY - Sale
Attachments: 1. O2020-5730.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR

November 16. 2020










TO THE HONORABLE. THE CI TY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request ofthe 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 ofthe 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 parcel of property located at 4444 South St. Lawrence Avenue, Chicago, Illinois 60653, which is legally described on Exhibit A attached hereto (the "Property"); and

WHEREAS, Rosemary Wyche (the "Grantee"), who has a principal residence of 4442 South St. Lawrence Avenue, Chicago, Illinois 60653, has offered to purchase the Property from the City for the sum of Ninety Thousand and 00/100 Dollars ($90,000.00), such amount being the appraised fair market value ofthe Property, to improve with landscaped open space thereon; and

WHEREAS, pursuant to Resolution No. 20-007-21 adopted on August 20, 2020, by the Plan Commission of the City (the "Commission"), the Commission approved the negotiated sale of the Property to the Grantee; and

WHEREAS, public notice advertising the City's intent to enter into a negotiated sale ofthe Property with the Grantee and requesting alternative proposals appeared in the Chicago Sun. Times, a newspaper of general circulation, on June 30 and July 7, 2020; and

WHEREAS, no alternative proposals were received by the deadline indicated in the aforesaid notice; now, therefore,

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

SECTION 1. The City Council of the City hereby approves the sale of the Property to the Grantee for the...

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