COMMERCIAL VACATION ORDINANCE
WHEREAS, the City of Chicago ("City") is a home rule unit of local government pursuant to Article VII, Section 6 (a) ofthe 1970 Constitution ofthe State of Illinois and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the properties at 1124-1164 N. Cherry Avenue and 1168-1194 N. Cherry Avenue are owned by 1087 North Branch Development LLC, the properties at 1119-1155 N. North Branch Street are owned by 1140 North Branch Development LLC, and the properties at 1157-1179 N. North Branch Street are owned by 1071 Division Development LLC (1087 North Branch Development LLC, 1140 North Branch Development LLC and 1071 Division Development LLC, collectively, the "Developers"); and
WHEREAS, the Developers propose to use the portion ofthe alley remnant to be vacated herein for employee parking; 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 alley described below; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1,
VACATION of:
THAT PART OF THE NORTHERLY- SOUTHERLY AND EASTERLY-WESTERLY 20.00 FOOT WIDE PUBLIC ALLEY IN BLOCK 77 IN ELSTON'S ADDITION TO CHICAGO IN THE WEST HALF OF THE SOUTHEAST QUARTER OF SECTION 5, TOWNSHIP 39 NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, RECORDED MAY 11,1855, IN BOOK 85, PAGE 121 AND 122, AS DOCUMENT NUMBER 59194, ANTE-FIRE, BEGINNING AT THE NORTHEAST CORNER OF LOT "A" (ALSO BEING ON THE SOUTH LINE OF W. DIVISION STREET RIGHT OF WAY) IN HORWEEN'S CONSOLIDATION OF SUNDRY LOTS AND VACATED ALLEY IN BLOCK 77 OF ELSTON'S ADDITION TO CHICAGO RECORDED OCTOBER 3, 1918 DOCUMENT NUMBER 6401205, THENCE NORTH 88 DEGREES 20 MINUTES 44 SECONDS EAST 20.00 FEET TO THE NORTHWEST CORNER OF LOT 33 IN BLOCK ...
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