OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR
February 23, 2022
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request ofthe Commissioner of Planning and Development, I transmit herewith an ordinance authorizing the sale of property located at 508-510 South Cicero Avenue.
Your favorable consideration of this ordinance 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 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 land located at 508-510 South Cicero Avenue, Chicago, Illinois 60644, which is legally described on Exhibit A attached hereto (the "Property"); and
WHEREAS, pursuant to ordinances adopted by the City Council of the City (the "City Council") on May 17, 2000, and published at pages 30775 through 30953 in the Journal of Proceedings of the City Council for such date, the City Council approved a certain redevelopment plan and project for the Midwest Redevelopment Project Area (as previously or subsequently amended, the "Redevelopment Area"); and
WHEREAS, the Property is located in the Redevelopment Area; and
WHEREAS, Workers for Christ Ministries Apostolic Church, NFP (the "Grantee"), which has a business address of 512 South Cicero Avenue, Chicago, Illinois 60644, has offered to purchase the Property from the City for the sum of Ten Thousand Dollars ($10,000.00) (the "Purchase Price"), such amount being the appraised fair market value ofthe Property as of August 28, 2019, subject to a deed restriction limiting the use ofthe Property to parking in perpetuity
WHEREAS, by Resolution No. 19-056-21 adopted on December 19, 2019, the Chicago Plan Commission approved the disposition ofthe Property to the Grantee; and
WHEREAS, Grantee obt...
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