Ordinance O2024-0014214
Passed
Non-Routine
Ward Matters
Economic Development
Tax Increment Financing
Amendment No. 4 and Supplement of Belmont/Central Tax Increment Financing (TIF) District Plan and Project allowing limited increase of estimated redevelopment costs and extension of estimated dates of completion
Auto-generated summary
The Chicago City Council's ordinance for the Belmont/Central Redevelopment Project Area, amended four times and adjusted by the Amendatory Act, conforms to the Act's Sections. The fourth amendment allows a maximum 5% increase in the Estimated Redevelopment Project Costs after inflation adjustment, reflected in the Consumer Price Index (CPI). The ordinance was transmitted by Mayor Brandon Johnson.
Sponsors
History
Legislation text
Additional Documents
- O2024-0014214 Committee Letter.pdf
- O2024-0014214 Digital Tracking Cover.pdf
- O2024-0014214 Exhibit A.pdf
- O2024-0014214 Mayor's Letter.pdf