Ordinance O2023-0005045
Passed
Sale of vacant as-is City-owned property at 4301, 4309, and 4329 W Madison St to Garfield Park Wellness Support Corporation as part of collaborative development of Sankofa Wellness Center joining other private parcels
Auto-generated summary
The Office of City Clerk in Chicago, IL, has issued an ordinance for the sale of vacant City-owned properties to Garfield Park Wellness Support Corporation for a collaborative development project, the Sankofa Wellness Center. The project, which aligns with the Redevelopment Plan, is part of the Garfield Park Rite to Wellness Collaborative that won the Pritzker Traubert Foundation 2022 Chicago Prize. The estimated budget for the project is $43,697,327, with excess proceeds from the sale of land to an affiliate of the Blackhawks Hockey team contributing approximately $5,900,000. The Grantee is responsible for any necessary environmental remediation and must comply with the terms of the Sankofa Village Wellness Center Redevelopment Agreement. The ordinance is effective upon passage and approval.
