Ordinance O2024-0011036
Passed
Non-Routine
Ward Matters
Economic Development
Tax Incentives
Support of Class 6(b) tax incentive for property at 1474 W Hubbard St
Auto-generated summary
Chicago's City Council supports IGS HQ, LLC's rehabilitation of a 13,500 sq ft industrial facility, the Subject Property, in the West Town area, under the Cook County Tax Incentive Ordinance. The company has applied for a Class 6b tax incentive. The city consents to the Class 6b classification, has filed the Economic Disclosure Statement, and authorizes the Commissioner of DPD to execute a Redevelopment Agreement. The Clerk of the City of Chicago will send a certified copy of this ordinance to the Assessor upon its passage and approval.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Locations mentioned
Legislation text
Additional Documents
- O2024-0011036 Mayor Letter.pdf
- O2024-0011036 - ECTD - Rule 44 Letters.pdf
- O2024-0011036 Digital Tracking Cover.pdf
- O2024-0011036 Ordiance EXH. B Redevelopment Agreement.pdf
- O2024-0011036 Ordinance EXH. A Legal Descrip.pdf
- O2024-0011036 Redecel Agree Exhibit B MBEWBE Budget.pdf
- O2024-0011036 Redevel Agree Exhibit A Legal Descrip.pdf
- O2024-0011036 Redevel Agree Exhibit C Insurance Requiremnts.pdf
- O2024-0011036 Redevel Agree Exhibit D Developer's Annual Compliance.pdf
- O2024-0011036 Redevel Agree Exhibit E Construction Compliance.pdf