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PROPOSED ORDINANCE
AN ORDINANCE CREATING A PROPERTY TAX CREDIT PROGRAM FOR STORM DISASTER RELIEF IN THE COUNTY OF COOK, STATE OF ILLINOIS
BE IT ORDAINED, by the Cook County Board of Commissioners, AN ORDINANCE CREATING A PROPERTY TAX CREDIT PROGRAM FOR STORM DISASTER RELIEF IN THE COUNTY OF COOK, STATE OF ILLINOIS; and
Flooding and flood mitigation are significant issues in Cook County that plague thousands of residents every year; and
Flooded homes require immediate remediation to salvage the properties afflicted, the structural damage to buildings and homes caused by flood water can be catastrophic, and the cost to property owners can be a burden that result in the abandonment of property; and
Cook County property owners will be forced to incur and expend unforeseen costs due to storm damage; and
The economic impact of flooding can be financially devastating because for so many resident's homeownership is their pathway to generational wealth, particularly in communities of color, communities that are already vulnerable, and communities that already lack livable, affordable housing stock; and
Rates and severity of flooding in various parts of Cook County are contingent upon, not only rainfall, but on the underground water removal and sewage system; and
Less affluent neighborhoods are ofttimes the recipients of hundreds of thousands of gallons of water from wealthier neighborhoods due to the underground water removal systems; and
Small towns and villages are incapable of managing storm water thrust upon them by other municipalities; and
Flooding is matter of public safety, resulting in lives lost in the immediate aftermath and as the progenitor of mold and unhealthy conditions in so many buildings; and
Cook County has declared disaster areas due to flooding and has very little by the way of services to offer the residents of their districts; and
As a result of climate change, more extreme weather events are becoming more frequent and more devasta...
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