Record #: O2012-8220   
Type: Ordinance Status: Passed
Intro date: 12/12/2012 Current Controlling Legislative Body: Committee on Finance
Final action: 1/17/2013
Title: Intergovernmental agreement with Chicago Park District for provision of Tax Increment Financing (TIF) assistance for Harris Park improvement
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Intergovernmental
Attachments: 1. O2012-8220.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR

December 12, 2012








TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO

Ladies and Gentlemen:

At the request of the Commissioner of Housing and Economic Development, I transmit herewith an ordinance authorizing the execution of an Intergovernmental Agreement with the Chicago Park District regarding TIF assistance for Harris Park.

Your favorable consideration of this ordinance will be appreciated.

Mayor

Very truly yours,
CHICAGO January 17. 2013

To the President and Members of the City Council:

Your Committee on Finance having had under consideration


A communication recommending a proposed ordinance concerning the authority to enter into and execute an Intergovernmental Agreement with the Chicago Park District regarding Harris Park.
02012-8220












Having had the same under advisement, begs leave to report and recommend that your Honorable Body pass the proposed Ordinance Transmitted Herewith

This recommendation was concurred in by
of members of the committee with




Respectfully submitted

Chairman
Document No.




REPORT OF THE COMMITTEE ON FINANCE TO THE CITY COUNCIL CITY OF CHICAGO
ORDINANCE

WHEREAS, the City of Chicago (the "City") is a home rule unit of government under Article VII, Section 6(a) of the 1970 Constitution of the State of Illinois, and as such may exercise any power and perform any function pertaining to its government and affairs; and

WHEREAS, the Chicago Park District (the "Park District") is an Illinois municipal corporation and a unit of local government under Article VII, Section 1 of the 1970 Constitution of the State of Illinois, and as such is authorized to exercise control over and supervise the operation of all parks within the corporate limits of the City; and

WHEREAS, the Park District has undertaken to rehabilitate and improve a parcel of land known as Harris Park (the "Project"), which is generally located at 6200 South Drexel Avenue, Chicago,...

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