Ordinance O2023-0001367
Passed
Non-Routine
Ward Matters
Economic Development
Tax Increment Financing
Amendment of ordinance appropriating tax increment financing (TIF) funds for infrastructure projects for University of Illinois Discovery Partners Institute at W 15th St and S Clark St
Auto-generated summary
Mayor Brandon Johnson and the Commissioner of Transportation have proposed an amendment to Chicago's Ordinance 02022-3794, seeking $85,000,000 in Transferred City Funds for the DPI Innovation Hub's infrastructure, including the 15th Street Component and Metra Realignment Component. The amendment, involving agreements with the University of Illinois and Metra, awaits City Council approval.
Alternate identifiers: O2023-2314
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |