Ordinance O2024-0012538
Passed
Sale of various City-owned properties to eligible open space buyers under ChiBlockBuilder land sale platform
Auto-generated summary
The Department selected buyers for multiple City lots in the open space category. The Department desires to convey each City Lot to the respective Buyer subject to a deed restriction requiring the Buyer to improve the City Lot as open space and own the property for a minimum period of five years after closing. The Buyers have agreed to purchase the City Lots for the purchase prices which represent 10% of the market value assessment for the applicable City Lots.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Legislation text
Additional Documents
- O2024-0012538 EDS_Redacted.pdf
- O2024-0012538 Ex A Legal Descriptions.pdf
- O2024-0012538 Ex B Competing Proposals.pdf