First amendment to intergovernmental agreement with Chicago Park District to provide tax increment financing (TIF) assistance funds for improvements at Kells Park

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The ordinance involves the City of Chicago, the Chicago Park District, and the Department of Planning and Development, under the Tax Increment Allocation Redevelopment Act. It covers the Chicago/Central Park and Kinzie Industrial Conservation Areas, improvements to Kells (George) Park, and the conveyance of the City Property to the Park District. The Original Project is expanded to include the Amended Project, with TIF-Funded Improvements not exceeding $17,000,000, as per the First Amended and Restated Agreement.

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