Thursday, January 12, 2023

City Hall - Council Chamber - Chicago, Illinnois0/0 present13 agenda items

Agenda

Other Actions (13)

O2022-4012Amendment of original Sales Tax Securitization Agreement with Encuentro Square II LP, Encuentro Square II GP LLC, Encuentro Square SLP LLC for additional funding agreements incorporating Tax Incremental Financing (TIF) assistance for affordable housing project at 1800-1840 N Hamlin Ave, 1821-1857 N Hamlin Ave, 3735-3750 W Cortland St and 1820-1856 N Ridgeway AveOrdinanceRecommended to Pass

O2022-4013Redevelopment agreement with C40 Preservation Associates LP, POAH C40 LLC, Preservation of Affordable Housing, Inc.and POAH TIF LLC and issuance of loan funding, tax credits and tax increment financing (TIF) assistance for development of develop low income housing and commercial space at 3137-3157 W Fifth Ave and 209 S Kedzie AveOrdinanceRecommended to Pass

O2022-3937Sixty-third amending agreement with SomerCor, Inc. to extend program to new LaSalle/Central Redevelopment Tax Increment Financing (TIF) Redevelopment Project Area, increase funding, amend Small Business Improvement Fund program rules, and continue SomerCor, Inc. as provider of administrative servicesOrdinanceRecommended to Pass

O2022-4002Redevelopment agreement with mHUB Support Corporation and mHUB for acquisition and rehabilitation of facility at 240 N Ashland Ave augmented with eligible Tax Increment Financing (TIF) fundsOrdinanceRecommended to Pass

O2022-4000Designation of Amendment No. 1 expanded Madden/Wells Redevelopment Project Area as redevelopment project area pursuant to Tax Increment Allocation Redevelopment Act (Repealed by O2023-995)OrdinanceRecommended to Pass

O2022-3999Approval of Amendment No. 1 to Madden/Wells Redevelopment Project Area Redevelopment Plan for expansion of project area (Repealed by O2022-995)OrdinanceRecommended to Pass

O2022-4001Adoption of Tax Increment Allocation Financing (TIF) for Amendment No. 1 to redevelopment plan for expanded Madden/Wells Redevelopment Project Area (Repealed by O2023-995)OrdinanceRecommended to Pass

O2022-4004Designation of Amendment No. 6 expanded Bronzeville Redevelopment Project Area as redevelopment area pursuant to Tax Increment Allocation Redevelopment Act (Repealed by O2023-995)OrdinanceRecommended to Pass

O2022-4003Approval of Amendment No. 6 to Bronzeville Redevelopment Project Area Redevelopment Plan for expansion of project area (Repealed by O2023-995)OrdinanceRecommended to Pass

O2022-4005Adoption of Tax Increment Allocation Financing for Amendment No. 6 to provide Tax Increment Allocation Financing for enlarged Bronzeville Redevelopment Project Area (Repealed by O2023-995)OrdinanceRecommended to Pass

O2022-4007Designation of Amendment No. 3 expanded 43rd/Cottage Grove Redevelopment Project Area as redevelopment project area pursuant to Tax Increment Allocation Redevelopment Act (Repealed by O2023-995)OrdinanceRecommended to Pass

O2022-4006Approval of Amendment No. 3 to 43rd/Cottage Grove Redevelopment Plan for expansion of project area (Repealed by O2023-995)OrdinanceRecommended to Pass

O2022-4009Adoption of Tax Increment Allocation Financing (TIF) for Amendment No. 3 to redevelopment plan for expanded 43rd/Cottage Grove Redevelopment Project (Repealed by O2023-995)OrdinanceRecommended to Pass