All Legislation
Resolution12-2089Filed

Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying ( ) Authorizing (X ) Amending Type of Service: Private Sale/Redevelopment Purpose: Second Amendment to RDA with Springfield Avenue Marketplace Entity Name: TDAF I Springfield Avenue Holding Urban Renewal Company, LLC Entity Address: 799 Central Avenue, Suite 300, Highland Park, IL 60035 Sale Amount: Cost Basis: ( ) $ PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: Appraised Amount: Contract PeriodContract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a List of Property: (Address/Block/Lot/Ward) Blocks 236, 237 and 238 and the vacated portions of Beacon and Rankin Streets, now known as Block 236.01, Lots 1.01, 1.02, 1.03 and 1.04 in the Central Ward. Additional Information: Walmart Project Resolution 7RDE (AS) 100604; Land sale agreement for redevelopment with Springfield Marketplace, LLC. Resolution 7RCR (AS) 031605; Revised agreement to land sale agreement and redevelopment of Springfield Market Place. Resolution 7R3-a (S3) 102108; Amendment to land sale agreement No Action Taken, November 20, 2012

Progress

Introduced

Oct 16, 2012

In Committee

Nov 20, 2012

Passed

Dec 5, 2012

4

Enacted