Department of Law
CITY OF CHICAGO
March 1,2013
Ms. Susana A. Mendoza City Clerk
121 North LaSalle Street Chicago, Illinois 60602
Re: Amendment No. 2 to the Roosevelt/Racine Tax Increment Financing
Redevelopment Project and Plan
Dear Ms. Mendoza:
I enclose Amendment No. 2 to the Roosevelt/Racine Tax Increment Financing Redevelopment Project and Plan, Chicago, Illinois (the "Amendment"), dated March 1, 2013.
Please make the Amendment available in your office as of this date for public inspection in accordance with the requirements of Section 5/11 /-74.4-5(a) of the Illinois Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq., as amended. If you have any questions with respect to this matter, please call me at (312) 744-1745.
Sincerely,
Enclosure
Chip Hastings Tricia Ruffolo M. Susan Lopez Sweta Shah
121 NORTH LASALLE STREET, ROOM COO, CHICAGO, ILLINOIS 6060-2-*' *
Roosevelt/Racine Tax Increment Financing Redevelopment Project and Plan Amendment No. 2
City of Chicago, Illinois
City of Chicago Rahm Emanuel, Mayor
November 4,1998 Amendment No. 1, December 8, 2004 Amendment No. 2, March 1, 2013
Department of Housing and Economic Development Andrew J. Mooney, Commissioner
Prepared by: Laube Consulting Group 200 S. Wacker Dr., Suite 3100 Chicago, Illinois 60606 (312) 674-4537
City of Chicago
Roosevelt/Racine TIF Redevelopment Project and Plan Amendment No. 2
TABLE OF CONTENTS
Executive Summary|910|Introduction|910|Legal Description and Project Boundary|910|Eligibility Conditions|910|Redevelopment Goals and Objectives|910|Redevelopment Project|910|Lack of Growth and Development
Through Private Investment By Private Enterprise 11
Financial Impact 12
Demand on Taxing District Services 12
Conformity of the Redevelopment Plan for the Project Area to Land Uses
Approved by the Planning Commission of the City 12
Phasing and Scheduling 12
Provisions for Amending this Redevelopment Plan 13
Commitment to Fair...
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