Ordinance O2024-0012443 Passed

Non-Routine Redevelopment Agreement


Redevelopment agreement with BandWith Music Ltd. to provide neighborhood opportunity funds for capital project at 134 S California Ave

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Under the Tax Increment Allocation Redevelopment Act, Chicago's City Council adopted a redevelopment plan, with the Department of Planning and Development granting funds to a Grantee for a project in the Redevelopment Area. The Grantee, designated as the Developer by the Community Development Commission, will enter a redevelopment agreement, executed by an Authorized Officer approved by the Corporation Counsel. The ordinance controls in case of conflict and is effective upon passage.

Sponsors

Sponsor Ward
Johnson, Brandon
Johnson, BrandonPrimary Sponsor

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