Ordinance O2023-0004406
Passed
Non-Routine
Ward Matters
Economic Development
Tax Increment Financing
Redevelopment agreement with and provision of tax increment financing (TIF) assistance to E.G. Woode L3C for renovation and lease of retail and office spaces for food service providers at 1022 W 63rd St
Auto-generated summary
Mayor Johnson transmitted an ordinance for a redevelopment agreement with E.G. Woode on September 14, 2023, as requested by the Commissioner of Planning and Development. The agreement, under the Tax Increment Allocation Redevelopment Act, involves converting a vacant property at 1022 W 63rd St using TIF assistance and a grant. The Community Development Commission recommended the project, identified by Resolution 22-CDC-50, which lies within a Redevelopment Area and designates E.G. Woode as the Developer.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Locations mentioned
Legislation text
Additional Documents
- 4406 Letter.pdf
- O2023-0004406 Agreement with Attachments.pdf
- O2023-0004406 EDSs [3].pdf
- O2023-0004406 Exhibit B separated costs fees.pdf