Office of the City Clerk - Record #: O2021-4062

• Record #: O2021-4062
• Type: Ordinance
• Status: Passed
• Intro date: 9/14/2021
• Current Controlling Legislative Body: Committee on Housing and Real Estate
• Final action: 10/27/2021
• Title: Negotiated sale of four vacant parcels of City-owned property at 6903-6911 S Perry Ave to Raina Perry LLC
• Sponsors: Lightfoot, Lori E.
• Topic: PROPERTY - Sale

Date	Journal Page Number	Action By	Action	Result
10/27/2021	40812	City Council	Passed	Pass
10/15/2021		Committee on Housing and Real Estate	Recommended to Pass
9/14/2021	34231	City Council	Referred

OFFICII OF THE MA YOU
CITY OF CHICAGO
I.OKI I. I.JGHT1 OOT
MAYOR

September 14. 2021









TO I 111- IIONORABI.!'. TH P. CITY COUNCIL
of i hi: city of Chicago


l adies and Gentlemen:

At the request oiThc Commissioner of Planning and Development, 1 transmit herewith ordinances authorizing the sale of City-owned properties.

Your favorable consideration ofthese 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 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 has established the Community Development Commission ("CDC") to, among other things, designate redevelopment areas, approve redevelopment plans, and recommend the sale of parcels located in redevelopment areas, subject to the approval of the City Council of the City ("City Council"); and

WHEREAS, pursuant to an ordinance adopted by the City Council on May 4, 2011, and published at pages 116699 through 116831 ofthe Journal of the Proceedings ofthe City Council ("Journal") of such date, a certain redevelopment plan and project (the "Plan") for the 67th and Wentworth Tax Increment Financing Redevelopment Project Area (the "Redevelopment Area") was approved pursuant to the Illinois Tax Increment Allocation Redevelopment Act, as amended (currently codified at 65 ILCS 5/11-74.4-1 etseq.) (the "Act"); and

WHEREAS, pursuant to an ordinance adopted by the City Council on May 4, 2011, and published at pages 116832 through 116852 ofthe Journal of such date, the Redevelopment Area was designated as a "redevelopment project area" pursuant to the Act with a combination conservation area and vacant blighted area designation; and

WHEREAS, pursuant to an ordinance adopted by the City Council on May 4, 2011, and published at pages 116853 through 116873 ofthe Journal of such dat...