title
AUTHORITY TO ACCEPT THE DONATION OF PROPERTY LOCATED AT 105TH PLACE AND THROOP STREET FOR A NEW PARK
body
To: The Honorable Board of Commissioners of the Chicago Park District
I. Recommendation
It is recommended that the Board of Commissioners of the Chicago Park District adopt an ordinance to accept the donation of property located at 105th Place and Throop Street from 105TH and Vincennes Phase One/Chicago LLC. It is further recommended that the Board authorize the General Superintendent, or his designee, to negotiate, enter into, and execute such agreements, amendments, indemnities, and instruments and perform any and all acts as shall be necessary or advisable in connection with the transaction described herein.
II. Agreement Information
Grantor: 105TH and Vincennes Phase One/Chicago LLC
6120 S. Archer Rd.
Summit, IL 60501
Transfer Type: Donation
Granting Instrument: Deed
Agreements: Donation agreements, amendments to donation agreements and, if applicable, temporary right of entry, easements, restrictive covenants, and any other agreements or instruments necessary to comply with any restrictions of record for a portion or the entirety of the Property and the transfer of funds for development.
Authorization: Authorize the General Superintendent to negotiate, enter into, and execute such intergovernmental agreements, amendments to intergovernmental agreements, indemnities, and instruments and perform any and all acts as shall be necessary or advisable in connection with the transactions described herein, including compliance with existing easements, if any, filing of street and alley vacation or dedication applications, plats of dedication, and other applicable requirements. Authorize the General Counsel to include other relevant terms and conditions in the written agreements, amendments and transfer instruments. Authorize the Secretary to attest as to the signing of the Agreements and transfer instruments and keep an original copy o...
Click here for full text