The Intergovernmental Vacation and Dedication Ordinance authorizes the City of Chicago to vacate certain public streets and alleys to facilitate the construction of a new Chicago Transit Authority (CTA) Training Center and Operations facility. Specifically, the ordinance includes the dedication of the south 16 feet of Lot 19 in a specified subdivision and the vacation of a portion of N. Harding Avenue and two public alleys, which are no longer deemed necessary for public use. The legal descriptions of these parcels are detailed in the ordinance, with the dedicated area totaling approximately 1,988 square feet and the vacated areas totaling approximately 34,759 square feet.

Additionally, the ordinance stipulates that the CTA must comply with specific conditions set forth by the Department of Water Management, including the construction of necessary water facilities at their own expense. The CTA is also required to deposit a security equal to the estimated costs of construction and must file a certified copy of the ordinance and associated plats with the Cook County Clerk's Office within 180 days of the ordinance's passage. The ordinance will take effect upon its passage and publication, with the vacations and dedication becoming effective after the required recording.