S:\SHARED\Finance\William
Jones Commercial H.S\2013 IGAteub ord 3.doc
SUBSTITUTE ORDINANCE
WHEREAS, the City of Chicago (the "City") is a municipal corporation and 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 Board of Education of the City of Chicago (the "Board") is a body corporate and politic, organized under and existing pursuant to Article 34 of the School Code of the State of Illinois, 105 ILCS 5/1-1 et seq. (2007) (the "School Code"); and
WHEREAS, pursuant to the provisions of an act to authorize the creation of public building commissions and to define their rights, powers and duties under the Public Building Commission Act (50 ILCS 20/1 et seq.), the City Council of the City (the "City Council") created the Public Building Commission of Chicago (the "Commission") to facilitate the acquisition and construction of public buildings and facilities; and
WHEREAS, the Board operates a high school known as The William Jones College Preparatory High School (also known as Jones College Prep or "Jones") (the "Existing Facility") on the real property generally located at 600-640 South State Street and 601-619 South Plymouth Court, Chicago, Illinois (the "Existing Property"); and
WHEREAS, the Commission owns in trust for and leases to the Board the Existing Property;
and
WHEREAS, the Board is constructing new buildings and related improvements to house and serve the high school (the "School"); and
WHEREAS, the Board acquired the real property at 642-738 South State Street, Chicago, Illinois (the "New Property") for the construction of a new modem school; and
WHEREAS, the Board though the Commission is constructing a new facility, including athletic facilities, on the New Property acquired by the Board (the "New Facility"); and
WHEREAS, the Board...
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