Support of Class 7D tax incentive to establish/rehabilitate grocery store and beneficial easements from former Dominicks at 3250 W 87th St
Chicago's ordinance, in conjunction with the Cook County Board, provides tax incentives to Food Desert property owners. 87" and Kedzie West LLC applied for a Class 7d tax classification for their Grocery Store. An Economic Disclosure Statement was filed, and a Redevelopment Agreement is being negotiated by the Commissioner of the Department of Planning and Development and the City's Corporation Counsel. The ordinance is effective immediately.
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