OFFICE OF THE MAYOR
CITY OF CHICAGO
RICHARD M. DALEY
MAYOR
May 4,2011
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the Commissioner of Housing and Economic Development, I transmit herewith an ordinance authorizing a transfer of property to the Chicago Park District for an indoor skate park.
Your favorable consideration of this ordinance will be appreciated.
Very truly yours,
ORDINANCE
WHEREAS, the City of Chicago (the "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 owns the approximately the 60,026 square foot site commonly known as 1600-1752 S. Clark Street, Chicago, Illinois, which consists of a surface parking lot, an existing building, and certain open space, and is more particularly described on Exhibit A attached hereto and made a part hereof (the "Property"); and
j
WHEREAS, the City is authorized to convey City-owned real estate to other municipalities in accordance with the provisions ofthe Local Government Property Transfer Act, 50 ILCS 605/0.01 et seq.; and
WHEREAS, the Chicago Park District, an Illinois municipal corporation ("Park District"), is interested in acquiring the Property from the City for the creation of an indoor skateboard park in the Near South Community Area; and
WHEREAS, by ordinance adopted on April 13,2011, the Board of Commissioners ofthe Park District authorized the acceptance of the transfer of the Property from the City to the Park District; and
WHEREAS, pursuant to ordinances adopted by the City Council on July 30, 1997 and published at pages 49089 and 49091 through 49206 of the Journal of the Proceedings of the City Council ("Journal") of such date, a certain redevelopment plan and project (as amended, the "TIF Plan") for the River South Tax Increment Financing Redevelopment Proje...
Click here for full text