Ordinance O2024-0007873
Passed
Non-Routine
Ward Matters
Economic Development
Tax Increment Financing
Intergovernmental agreement with Chicago Park District to provide tax increment financing (TIF) funds for improvements at McGuane Park at 2901 S Poplar Ave
Auto-generated summary
Chicago's Mayor, Brandon Johnson, and the Commissioner of Planning and Development, have submitted ordinances to the city council. These ordinances, under the Tax Increment Allocation Redevelopment Act, sanction agreements with the Chicago Park District for TIF-funded improvements, including a $5,770,000 project at Donovan Park within a Redevelopment Area. The Project Budget details TIF-Funded Improvements, subject to approval by the Corporation Counsel.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |