COMMERCIAL VACATION ORDINANCE
WHEREAS, the City of Chicago ("City") is a home rule unit of local government pursuant to Article Vll, 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 properties with the approximate addresses of 1630-1638 W. 114th
Place, 1631-1641 W. 114th Place, 11446-11450 S. Hamlet Avenue (vacated) and 11436 S. Hamlet
Avenue (vacated) are owned by YULA Development LLC, an Illinois limited liability company
("Developer"); and f ¦
WHEREAS, the Developer proposes to assemble the above properties and the portion of the street herein vacated for future development; and
: WHEREAS, the City Council of the City of Chicago, after due investigation and consideration, has determined that the nature and extent of the public use and the public interest.to be subserved is such as to warrant the vacation.of that portion of the public street, described below; ;¦ now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OFTHE CITY OF CHICAGO: _
SECTION 1.
VACATION: THAT PART OF W. 114TH PLACE 66 FOOT WIDE PUBLIC RIGHT OF WAY, LYING SOUTH OF AND ADJOINING THE SOUTH LINE OF LOT 23 IN BLOCK 2 AND ALSO NORTH OF AND ADJOINING THE NORTH LINE OF LOT 1 IN BLOCK 3, ALL INCLUSIVE, IN THE SUBDIVISION; BELLE VIEW ADDITION TO WASHINGTON HEIGHTS, ACCORDING TO THE PLAT RECORDED JANUARY 6TH, 1873, AS DOCUMENT NUMBER #75895, IN THE EAST 1/2 OF THE NORTH EAST 1/4 OF SECTION 19 TOWNSHIP 37 NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, ALL IN COOK COUNTY, ILLINOIS; SAID ABOVE DESCRIBED PARCEL CONTAINING 7,365.40 SQUARE FEET OR 0.169 ACRES (MORE OR LESS), as shaded and legally described by the words "HEREBY VACATED" on the plat hereto attached as EXHIBIT A, which plat for greater clarity, is hereby made a part of this ordinance, be and the same is hereby vacated and closed, inasmuch as the same is no longer required for public use and th...
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