Ordinance O2024-0010104
Passed
Non-Routine
Ward Matters
Economic Development
Tax Incentives
Support of Class 6(b) tax incentive for property at 5201 W Grand Ave
Auto-generated summary
MTCDI, LLC, plans to rehabilitate a property within Chicago's Enterprise Zone No. 5 and Galewood/Armitage Redevelopment Project Area, stimulating economic activity. The property, leased to Moovers Chicago, Inc., is part of a Class 6b tax incentive application under the Cook County Ordinance. The city has received and filed an Economic Disclosure Statement and the Commissioner of Planning and Development is authorized to negotiate a redevelopment agreement.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Locations mentioned
Legislation text
Additional Documents
- O2024-0010104 EDS.pdf
- O2024-0010104 Exhibit A - Property.pdf
- O2024-0010104 Exhibit B - Redevelopment Agreement.pdf
- O2024-0010104 Transmittal Letter.pdf