June 28, 2017

TIF Approved for ADA Improvements at Four Public Schools

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The Chicago Board of Education will receive Tax Increment Financing (TIF) assistance for accessibility improvements at four Chicago Public Schools buildings under plans approved today by City Council.

Carl Schurz High School, 3601 N. Milwaukee Ave. Schurz High School in Irving Park will receive $2.8 million in TIF for recently completed improvements including new elevators, wheelchair ramp, doors, washrooms, sidewalks, assisted listening devices, and locker room upgrades. A partial payment of $2.1 million was previously issued in 2016 for the $4.9 million project.

Roald Amundsen High School, 5110 N. Damen Ave. Amundsen High School in Lincoln Square will be reimbursed $1.1 million in TIF for recently completed ADA-compliant improvements including parking, automatic doors, accessibility ramps, and classroom doors. The balance of the $3.1 million project is being paid by the Board of Education.

Manuel Perez Elementary School, 1241 W. 19th St. Perez Elementary School on the Lower West Side will benefit from $800,000 in TIF for the construction of a new ADA-compliant playground, new basketball hoops and court resurfacing, and the installation of a new 10,000 square-foot artificial turf field. TIF will pay the entire cost of the project.

Eliza Chappell Elementary School, 2135 W. Foster Ave. Chappell Elementary School in Lincoln Square will receive $760,000 in TIF for recently completed improvements including a new elevator, lift at gymnasium stage, ADA-compliant restrooms, classroom doors, lockers, student stations, fire alarm and security system, and drinking fountains. A partial payment of $1.5 million in TIF was previously issued in 2016. The balance of the $2.3 million project is being paid by the Board of Education.



 

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