Public hearing on establishment of Special Service Area No. 76 on both sides of N Michigan Ave from Oak St southward to Chicago River and appropriation of tax levy for years 2024 and 2025

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Chicago's City Council and its Committee on Economic, Capital and Technology Development are considering the establishment of Special Service Area Number 76-2024, along Michigan Avenue, and a Services Tax. The tax, details on the Chicago City Clerk's website, is proposed to be 0.050 percent of the equalized assessed value of non-residential properties, expected to raise $1,059,119 in 2024 for 'Special Services'. A notice of the hearing will be published 15 days prior. If 51% of electors and landowners object within 60 days of the hearing's final adjournment, the Area and tax will not be created.

Sponsors

Sponsor Ward
Johnson, Brandon
Johnson, BrandonPrimary Sponsor

History

Date Legislative body Action
Date 2024-09-18 Legislative body Chicago City Council Action Referred
Date 2024-09-18 Legislative body Chicago City Council Action Introduced

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