Ordinance O2023-0005701
Passed
Non-Routine
Ward Matters
Economic Development
Tax Increment Financing
First amendment of intergovernmental agreement with Chicago Board of Education to provide additional tax increment financing (TIF) funds to connect main campus building and Canter building, gym rooftop heating and cooling units at Kenwood Academy High School, 5015 S Blackstone Ave,
Auto-generated summary
Chicago Mayor Brandon Johnson seeks City Council approval for an ordinance authorizing an intergovernmental agreement with the Board of Education. The Planning and Development Commissioner proposed the ordinance, allocating TIF funds from the 53rd Street Redevelopment Project Area for Kenwood Academy High School improvements. The agreement, initially $9,200,000, is now amended to $13,950,000, subject to approval by the Corporation Counsel.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Locations mentioned
Legislation text
Additional Documents
- 5701 - Kenwood Exhibit 1 Amendment to Agree with Sub Exh.pdf
- 5701 - cover.pdf
- O2023-0005701 Letter.pdf