City Council’s Housing Committee meets today to consider a $5 million amendment affecting the demolition of the old Malcolm X building, a $165,000 land sale for a new fast food restaurant in the 27th Ward, and a handful of smaller city-owned property sales.
The biggest ticket item of the day is an amendment to the intergovernmental agreement between the city and the Public Buildings Commission for remediation of the old Malcolm X College site. The site is being transformed into a shared site between Rush University Medical Center (for a new academic building) and the Chicago Blackhawks (for a new training rink and community center). The amendment increases the city’s contribution to the demolition cost–from a maximum of $10 million up to $15,044,225. That city contribution comes from a revolving line of credit agreement among the city, JPMorgan Chase, Bank of China and BMO Harris.
The sale of a city-owned plot at 147 S. Western to Western Adams LLC is the next biggest ticket item. Western Adams was the highest bidder on the vacant plot, and owns adjacent plots, where it plans to construct a Wendy’s. The city will sell the plot for $165,000.
There’s also an amendment to an agreement with Claretian Associates, Inc. for sale and redevelopment of land in the 10th Ward. The agreement, which dates back to 2002, was under Mayor Daley’s New Homes for Chicago Program. The redevelopment agreement would let Claretian convert two unfinished single-family homes in the 10th Ward into affordable two-flat residential rentals.
A five-year lease for the Mayor’s Office to maintain space on the corner of Connecticut and K Streets in Washington, D.C. is also up for committee consideration. The lease would begin July 1, 2016. The 1,700 square foot space will rise in annual cost from $78,752 in its first year to $87,778 in the fifth.
An intergovernmental agreement to allow the University of Illinois at Chicago (UIC) to use clinical office space at the Uptown Neighborhood Health Clinic cements the Chicago Department of Public Health’s (CDPH) shift to privatizing HIV primary care services, announced earlier this year. City Council has already approved a similar agreement for HIV services at CDPH’s Englewood clinic. UIC will serve as a delegate agency for CDPH at the Uptown Clinic site until 2022. The entire term of the lease will cost UIC $1.