Ordinance O2025-0015563 - Chicago Councilmatic

Support of Class 6(b) tax incentive for property at 1001 W 119th St

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Chicago's ordinance, in sync with Cook County's Tax Incentive Ordinance, fosters industrial growth via tax relief. West Pullman Development Partners, LLC's large industrial facility will enhance economic activity, employment, and tax revenues. The property, in the Chicago Empowerment Zone, Enterprise Zone No. 19, and 119/I-57 TIF Redevelopment Project Area, qualifies for a Class 6b tax incentive, generating significant real estate taxes. The City's Corporation Counsel and the Commissioner of DPD will negotiate a redevelopment agreement, with the Economic Disclosure Statement filed by the City Clerk.

	Sponsor	Ward
	Johnson, BrandonPrimary Sponsor

History

Date	Legislative body	Action
Date 2025-03-12	Legislative body Chicago City Council	Action Passed
Date 2025-03-06	Legislative body Committee on Economic, Capital and Technology Development	Action Recommended to Pass
Date 2025-02-19	Legislative body Chicago City Council	Action Referred
Date 2025-02-19	Legislative body Chicago City Council	Action Introduced

Locations mentioned

1001 W 119th St Chicago

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Ordinance O2025-0015563 Passed

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