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AUTHORITY TO ACCEPT THE TRANSFER OF PROPERTY FROM
THE CITY OF CHICAGO AT VARIOUS LOCATIONS FOR THE ESTABLISHMENT OF NEW PARKS
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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 authorizing the transfer of various properties from the City of Chicago for the establishment of six new parks. 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(s) described herein.
II. Agreement Information
Grantor: City of Chicago
121 N. LaSalle St.
Chicago, IL 60602
Transfer Type: Intergovernmental Property Transfer in accordance with 50ILCS 605/2(a) of the Local Government Property Transfer Act.
Granting Instrument: Quit claim deed(s) from the City of Chicago transferring ownership to the Chicago Park District or lease from the City of Chicago and Intergovernmental Agreements.
Agreements: Intergovernmental agreements, amendments to intergovernmental 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 applica...
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