Board of Education of the City of Chicago Law Department
Joseph T. Moriarty General Counsel
1 North Dearborn Street, Suite 900 Chicago, IL 60602 Telephone: (773) 553-1700 Fax: (773) 553-1701
October 25, 2018
Via Federal Express
Ms. Anna Valencia City Clerk
City of Chicago
121 North LaSalle Street
Chicago, IL 60602
Re: Resolution 18-0725-RS4
Board of Education of the City of Chicago Capital Improvement Tax
Dear Ms. Valencia:
Enclosed herewith please find a letter from the Board of Education of the City of Chicago along with a copy of Resolution 18-0725-RS4 of said Board which extends a capital improvement tax levy. At your earliest convenience please sign the Receipt Acknowledgement set forth on such letter and send a PDF copy to my attention at imurphv(5>cps.edu.
Please call me at 773-553-3428 if you would like to discuss.
Deputy General Counsel
JMMxc
Very truly yours, . ES
Board of Education
CITY OF CHICAGO
FRANK M. CLARK
President
Office of the Board 1 North Dearborn Street, Suite 950, Chicago, Illinois 60602 Telephone (773) 553-1600 Fax (773) 553-3-153
MEMBERS MARK F. FURLONG ALEJANDRA GARZA DR. MAHALIA A. HINES GAIL D. WARD
October 1, 2018
Honorable Anna M. Valencia City Clerk City of Chicago
121 North LaSalle Street, Room 107 Chicago, Illinois 60602
Dear Ms. Valencia,
On August 26, 2015, the Governing Board of the Board of Education of the City of Chicago adopted Board Resolution 15-0826-RS4, Resolution Levying Property Taxes and Authorizing and Directing the Filing of a Controller's Certificate for the Fiscal Year 2015-2016 for School Purposes of The Board of Education of the City of Chicago (the "Board"). Section 2(c) of the 2015 Resolution authorized a Capital Improvement Tax (CIT) Levy for capital improvement purposes in the amount of $45,000,000 as authorized by 105 ILCS 5/34-53.5.
That was the initial CIT tax levy made by the Board and pursuant to 105 ILCS 5/34-53.5, required approval of the City Council ofthe City of Chicago before t...
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