Journal of the Proceedings of the City Council of the City of Chicago - December 2, 1985
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Source: Journal of the Proceedings of the City Council of the City of Chicago
23008
JOURNAL--CITY COUNCIL-CHICAGO
12/2/85
The City Clerk transmitted communications, reports, etc., relating to the respective subjects listed below, which were acted upon by the City Council in each case in the manner noted, as follows;
Referred-BIDS FOR SALE OF BOARD OF
EDUCATION PROPERTY.
The City Clerk transmitted a communication from Ronald D. Picur, City Comptroller, under date of November 27,1985, which reads as follows:
1435-1447 West Belden Avenue Thomas Center School.
Transmitted herewith twelve 12 sealed bids. These bids were submitted in response to advertisement for the sale of Board of Education property which was authorized by ordinance August 31,1983.
On motion of Alderman Banks, the bids submitted with the foregoing communication were ordered opened and read and were then Referred to the Committee on Land Acquisition and Disposition.
The following is a summary of said bids:
BOARD OF EDUCATION PROPERTY.
1435-1447 West Belden Avenue Thomas Center School.
Matanky Realty Acquisition Corporation, 1901 North Halsted Street, Chicago, Illinois 60614: Amount bid $301,000.00, deposit check $30,100.00 certified check;
Gilbert Purze and Jerome Purze, c/o Edward S. Salomon, Esq., Robbins, Rubinstein, Salomon & Greenblatt, Ltd., 25 East Washington Street, Suite 1000, Chicago, Illinois 60602: Amount bid $425,000.00, deposit check $42,500.00 cashiers check;
S & Z Development Company, 2001 North Halsted Street, Chicago, Illinois 60614:
Amount bid $351,000.00, deposit check $35,100.00 cashiers check;
ORH Development Corporation, c/o DeWindt Corporation, 600 South Federal Street, Suite 202, Chicago, Illinois 60605: Amount bid $245,000.00, deposit check $24,500.00
cashiers check;
Dr. Cannutte N. Russell, D.D.S. and Ronald B. Shipka, c/o Jack Guthman, Sidley and Austin, One First National Plaza, Suite 4600, Chicago, Illinois 60603: Amount bid $506,000.00, deposit check $50,600.00 cashiers check;
