Ordinance O2023-0005103
Passed
Non-Routine
Ward Matters
Economic Development
Tax Increment Financing
Intergovernmental agreement with Chicago Transit Authority (CTA) for purchases of various City parcels and easements within several tax increment financing (TIF) redevelopment project areas between S 95th St and S 130th St for Red Line Extension Project
Auto-generated summary
Mayor Johnson proposed an ordinance for an agreement with the Chicago Transit Authority to purchase city parcels for the Red Line Extension Project. The City Council, Community Development Commission, CTA's Board of Directors, and the Chicago Plan Commission approved this, with properties sold for One and Noll 00 Dollar. The Commissioner of the Planning and Development, the City's Corporation Counsel, and the Commissioner of Assets, Information and Services are authorized to execute this agreement.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Legislation text
Additional Documents
- 2023-0005103 Exh C-1 Permanent Easemen Agreement.pdf
- O2023-0005103 Exh. A Fee Property to IGA.pdf
- O2023-0005103 ExhB-1 Temp Easement.pdf
- O2023-0005103 IGA EXH. C Permanent Easement Legal Descriptions.pdf
- O2023-0005103 IGA EXHIBIT LIST.pdf
- O2023-0005103 QUIT CLAIM DEED Exh. A-1.pdf
- O2023-5103 EXH A Legal Description.pdf
- O2023-5103 EXH B Form of IGA.pdf