Ordinance O2020-5728 Active

Non-Routine Ward Matters Economic Development Tax Increment Financing

Fifty-ninth Amending Agreement with SomerCor 504, Inc. as administrator, authorizing tax increment financing funds (TIF) to TIF/SBIF new project areas of 51st/Archer and Stevenson/Brighton development areas, and various established Small Business Improvement Funds (SBIF)


Sponsor Ward
Lightfoot, Lori E.
Lightfoot, Lori E. Primary Sponsor None


Date Action Legislative body
12/15/20 Passed Chicago City Council
12/13/20 Substituted in Committee Committee on Finance
12/13/20 Recommended to Pass Committee on Finance
11/15/20 Referred Chicago City Council

Legislation text

Download PDF