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Under the proposal, Frazier Prep would move to Herzl Elementary, and Urban Prep to Doolittle West.
The pilot 30-20-10 program requires students to be active for an hour each day.
Protestors accused CPS of fudging its numbers when it comes to claims that some schools are overcrowded.
A district spokeswoman insists CPS is committed to its five-year pledge not to shut more schools.
Principals lauded the school system for "wonderful" budget and enrollment news.
The city's top players offered to meet with city leaders to discuss a citywide chess program.
Schools across the city had been bracing for more cuts based on lower enrollment.
Ombudsman Chicago, an alternative high school, is searching for a South Side campus in Chicago Lawn.
Former CPS boss also jabs Rahm Emanuel, saying he needs to "let go" and "allow his managers to lead."
The 100-year-old school will open next week as Crane Preparatory Medical High School.
It's the second year high-achieving principals have been honored with cash awards.
City leaders visited a training session for Safe Passage workers Wednesday afternoon.
But Ald. Bob Fioretti bemoaned the lack of a South Loop neighborhood high school.
Mayor Rahm Emanuel and CPS boss Barbara Byrd-Bennett defended their comprehensive safe-passage strategy.
More than 19,000 high school seniors graduated in the last five years, CPS said Wednesday.
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