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Despite Chicago’s budget crunch, City Hall is setting aside one million dollars for a festival dedicated to the Great Chicago Fire of 1871.

The festival is planned for the fall of 2014.

It will include acrobatics, live music, and culminate with floats being set on fire along the Chicago River.

The 25th Ward Alderman likes the idea of the festival.

“I think it’s better than doing things at, on Michigan Avenue, the lake, because the river is closer to the neighborhoods of the city of Chicago. And also the experience that I’ve had, with these type of festivals, in terms of bringing more economic activity, business activity, to the neighborhoods that I represent, like Chinatown like Pilsen,” said Ald. Danny Solis.