RESUBDIVISION TIME EXTENSION 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 City Council of the City (the "City Council") approved a certain resubdivision ordinance on May 20, 2020, appearing on the Journal of the Proceedings of the City Council for such date at pages 17314 through 17317 ("Original Ordinance"); and
WHEREAS, the Original Ordinance and plat of resubdivision were not recorded with the Office of the Recorder of Deeds of Cook County, Illinois, before the one hundred eighty (180) day deadline set forth in Section 3 of the Original Ordinance due to the Covid-19 pandemic; and
WHEREAS, Vision Group Investments, LLC ("Developer"), wishes now to proceed with the required recording to effectuate the resubdivision; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. The Commissioner of the Chicago Department of Transportation is hereby authorized and directed to approve a proposed Liberty Resubdivision, being a resubdivision of certain lots owned by Developer in the block bounded by W. 38,h Street, W. Pershing Road, S. Lowe Avenue and S. Union Avenue, and legally described in the attached plat of resubdivision (Exhibit A, CDOT File: 33-11-20-3931) which, for greater certainty, is hereby made a part of this ordinance.
SECTION 2. The resubdivision herein provided for is made under the express condition that the Developer, its successors and assigns, shall hold harmless, indemnify and defend the City of Chicago from all claims related to the resubdivision.
SECTION 3. The resubdivision herein provided for is made upon the express condition that within one hundred eighty (180) days after the passage of this ordinance, Developer shall file or cause to be filed for recordat...
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