Record #: O2019-4214   
Type: Ordinance Status: Passed
Intro date: 6/12/2019 Current Controlling Legislative Body: Committee on Finance
Final action: 7/24/2019
Title: Intergovernmental agreement with Chicago Park District for Tax Increment Financing (TIF) assistance in construction of new Bosley Park playground, spray pool, basketball court and junior soccer field at 3044 S Bonfield St
Sponsors: Lightfoot, Lori E.
Topic: AGREEMENTS - Intergovernmental
Attachments: 1. O2019-4214.pdf
CHICAGO July 22. 2019

To the President and Members of the City Council:

Your Committee on Finance having had under consideration 02019-4214, a communication recommending a proposed ordinance concerning the authority to enter into and execute an Intergovernmental Agreement with the Chicago Park District for the redevelopment of Bosley Park playground.


















Having had the same under advisement, begs leave to report and recommend that your Honorable Body pass the proposed


of members of the committee with 0 dissenting vote(s).


This recommendation was concurred in by


Respectfully submitted,

Chairman

OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR

June 12,2019










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Commissioner of Planning and Development, I transmit herewith ordinances authorizing the execution of intergovernmental agreements for TIF assistance for the Chicago Park District.

Your favorable consideration of these ordinances will be appreciated.


Very truly yours,

Mayor
ORDINANCE

WHEREAS; the City of Chicago (the "City") is a 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 Chicago Park District (the "Park District") is an Illinois municipal corporation and a unit of local government under Article VII, Section 1 of the 1970 Constitution of the State of Illinois and, as such, is authorized to exercise control over and supervise the operation of all parks within the corporate limits of the City; and

WHEREAS, the Park District desires to make improvements to Bosley Park located at 3044 South Bonfield Street, legally described in Exhibit A (the "Property"), including construction of a new playground, a spray pool, basketball court and an artificial junior soccer field (collec...

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