Record #: SO2011-4555   
Type: Ordinance Status: Passed
Intro date: 6/8/2011 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 7/6/2011
Title: Vacation of public way(s) and recordation of restrictive covenant for Halsted-Lumbar Street LLC
Sponsors: Solis, Daniel
Topic: STREETS - Vacations
Attachments: 1. O2011-4555.pdf, 2. SO2011-4555.pdf

CITY COUNCIL
City of Chicago
COUNCIL CHAMBER
City Hall—Second Floor 121 North LaSalle Street
Chicago, Illinois 60602 telephone: 312-744-4096
FAX: 312-744-8155
ANTHONY A. BEALE
Alderman, 9th Ward 34 East 112th Place Chicago, Illinois 60628
TELEPHONE: (773) 785-1100 Fax: (773) 785-2790 e-mail: ward09@cityofchicago.org
COMMITTEE MEMBERSHIPS
Transportation & Public Way (Chairman)
Budget and Government Operations
Energy, Environmental Protection & Public Utilities
Education and Child Development
Police and Fire
Rules and Ethics
June 30, 2011
To the President and Members of the City Council:
Your Committee on Transportation and Public Way begs leave to report and recommend that Your Honorable Body pass A substitute ordinance, amending a vacation ordinance for the release of parts of public streets and alleys passed on March 9, 2011 (C.J.P. 114049-114052). The original ordinance authorized approval of a Restrictive Covenant, restricting the use and improvement of the vacated public way of the Ordinance to industrial uses for 40 years in lieu of paying the appraised Fair Market Value for the land being vacated. The City of Chicago has determined that the City no longer requires the recordation of the Restrictive Covenant. This ordinance was referred to the Committee on June 8, 2011.
This recommendation was concurred unanimously by a viva voce vote of the members of the Committee with no dissenting vote.
(Ward 25)
Respectfully submitted,
^^^^^^^ ^^WiL-
Anthony Ig^arie, Chairman
A SUBSTITUTE ORDINANCE AMENDING AN ORDINANCE THAT AUTHORIZED THE VACATION OF PUBLIC WAY AND RECORDATION OF A RESTRICTIVE COVENANT
WHEREAS, the City of Chicago ("City") is a home rule unit of government by virtue of the provisions of the Constitution of the State of Illinois of 1970, and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, pursuant to an Ordinance adopted on March 9, 2011, and publis...

Click here for full text