Title
AUTHORITY TO ADOPT AN ORDINANCE TO ACQUIRE PROPERTY LOCATED AT
837 W. 36th STREET FOR THE EXPANSION OF DONAVON PARK (1029)
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 authorizing the acquisition of property located at 837 W. 36th Street for the expansion of Donavon Park and for the Park District to contribute an amount not to exceed $1,050,000 for the purchase of the property. 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: Openlands
25 E. Washington Street
Suite 1650
Chicago, IL 60602
Transfer Type: Acquisition
Granting Instrument: Deed
Agreements: Purchase agreement, 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.
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Authorization: Authorize the General Superintendent to negotiate, enter into, and execute such agreements, amendments to 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 of the Agree...
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