OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR
February 24. 2021
TO THE HONORABLE. THE CI TY 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 properties.
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 of the Constitution of the 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 2152 West Adams Street, Chicago, Illinois 60612, which is legally described on Exhibit A attached hereto (the "Property"); and
WHEREAS, pursuant to ordinances adopted by the City Council of the City of Chicago ("City Council") on February 16, 2000, and published at pages 25276 through 25432 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 Central West Redevelopment Project Area ("TIF Area"); and
WHEREAS, Saad Jawdi (the "Grantee"), who has a principal residence of 2156 West Adams Street, Chicago, Illinois 60612, has offered to purchase the Property from the City for the sum of Thirty One Thousand Two Hundred and Fifty Dollars ($31,250.00), such amount being the appraised fair market value of the Property, to improve with landscaped open space thereon; and
WHEREAS, pursuant to Resolution No. 21-003-21 adopted on January 21, 2021, 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 of the Property with the Grantee and requesting alternative proposals appea...
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