FEE WAIVER ORDINANCE
WHEREAS, the City of Chicago (the "City"), a home rule unit of government under Section 6(a), Article VII of the 1970 Constitution of the State oflllinois, has heretofore found and does hereby find that there exists within the City a serious shortage of affordable, safe and quality education available to persons of low and moderate income; and
WHEREAS, on March 18, 1956, the City Council (the "City Council") ofthe City of Chicago (the "City") created the Public Building Commission of Chicago (PBC) (the "Commission") pursuant to the Public Building Commission Act of the 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 Chicago Board of Education (the "CPS"), 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 implementing and as authorized by the Capital Development Board Act [20 ILCS 3105] 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 Chicago Charter Schools, County of Cook and State oflllinois (collectively, the "Sister Agencies"); and in the furnishing of essential governmental services; and
WHEREAS, Aspira of Illinois Inc. embarked on a project to facilitate the funding, acquisition, improvements and construction of a new school campus to furnish essential educational and governmental services; and
WHEREAS, the City has determined that the continuance of a shortage of quality affordable education is harmful to the prosperity, economic stability and general future welfare of the Cit...
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