SUBSTITUTE ORDINANCE
WHEREAS, the City of Chicago (the "City") is a home rule unit of government by virtue of the provisions of the Constitution of the State of Illinois of 1970, and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the City, through its Department of Fleet and Facility Management ("DFFM") and its Department of Planning and Development ("DPD"), is in the process of developing a new, state-of-the-art Joint Public Safety Training Academy (the "JPSTA") located at 4301 W. Chicago Avenue, Chicago, Illinois (the "Property") as part of the City's continued efforts to provide the best tools, technology and training for its first responders; and
WHEREAS, a secondary goal of the City's development of the JPSTA is to serve as an anchor for economic development in the community; and
WHEREAS, in furtherance of this secondary goal, the development of the Property includes a retail component; and
WHEREAS, Peach's On Chicago, LLC ("Tenant"), an African-American-owned Illinois limited liability company, operates successful restaurants elsewhere in the City and was attracted to the JPSTA campus because of the 1,500 first responders that will be in the area each day once the JPSTA is open; and
WHEREAS, Tenant's restaurant will also feature an on-site hospitality training center for food and restaurant workers that will offer on-the-job training in customer service, bartending, food handling and food preparation in an effort to expand participants' job experiences and job skills for future opportunities; and
WHEREAS, DFFM and DPD have determined that it is in the City's best interests to enter into a lease with Tenant to open and operate a Peach's Restaurant and hospitality training center at the Property, substantially in accordance with the terms set forth in Exhibit A attached hereto (the "Term Sheet"); now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. The recit...
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