ORDINANCE (Requested amendment June 2014)
WHEREAS, the City of Chicago (the "City"), a home rule unit of government under Section 6(a), Article VII of the 1970 Constitution ofthe State of Illinois, has heretofore found and does hereby find that there exists within the City a serious shortage of affordable, safe and quality higher education available to persons of low and moderate income; and
WHEREAS, on March 18, 1956, the City Council (the "City Council") of the City of Chicago (the "City") created the Public Building Commission of Chicago (PBC) (the "Commission") pursuant to the Public Building Commission Act ofthe State of Illinois (the "Act") for the purpose of facilitating the funding, acquisition and construction of public buildings, improvements and facilities for use by various public agencies such as the Board of Trustees of Community College District No. 508 (the "City Colleges"), County of Cook and State of Illinois (collectively, the "Sister Agencies"); and in the furnishing of essential governmental services; and
WHEREAS, on January 1, 1982, the Illinois legislative body (the "State legislature") ofthe State of Illinois (the "state") created the Capital Development Board of Illinois (CDB) (the "Board") pursuant to ilmplementing and as authorized by the Capital Development Board Act [20 ILCS 3105]t for the purpose of facilitating the funding, acquisition and construction of public buildings, improvements and facilities for use by various public agencies such as the Board of Trustees of Community College District No. 508 (the -City Colleges11), County of Cook and State of Illinois (collectively, the "Sister Agencies"); and in the furnishing of essential governmental services; and
WHEREAS, the Community College District No. 508, City of Chicago City Colleges {^Gity Colleges"), has an internal department (Administrative Services) for the purpose of facilitating the funding, acquisition, improvements and construction of over four million (4,000,000) s...
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