Ordinance O2023-0003017
Passed
Non-Routine
Ward Matters
Economic Development
Tax Increment Financing
Approval of Amendment No. 4 to Tax Increment Allocation Financing (TIF) Redevelopment Plan for Northwest Industrial Corridor Redevelopment Project Area
Auto-generated summary
Mayor Brandon Johnson proposed an ordinance to amend a 1998 redevelopment plan, expanding the Northwest Industrial Corridor Redevelopment Project Area using Tax Increment Allocation Financing. The Community Development Commission held a public hearing on June 13, 2023, adopting Resolution 23-CDC-27. Corporate Authorities reviewed the plan, which includes Eminent Domain provisions.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |