Title
AUTHORITY TO ACCEPT APPROXIMATELY 3.19 ACRES OF PROPERTY FOR EIGHT NEW PARKS AND FOR THE EXPANSION OF TWO EXISTING PARKS FROM THE CITY OF CHICAGO
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 transfer of approximately 3.19 acres, comprised of various parcels of land from the City of Chicago for eight new parks and for the expansion of two existing 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 described herein.
II. Agreement Information
Grantor: City of Chicago
121 N. LaSalle Street
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 Deeds from the City of Chicago transferring ownership to the Chicago Park District.
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, vacat...
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