Office of the City Clerk - Record #: O2021-442

• Record #: O2021-442
• Type: Ordinance
• Status: Passed
• Intro date: 1/27/2021
• Current Controlling Legislative Body: Committee on Finance
• Final action: 2/24/2021
• Title: Intergovernmental agreement with Chicago Park District for provision of tax increment financing (TIF) funds for improvements to Donovan Park at 3609 S Lituanica Ave
• Sponsors: Lightfoot, Lori E.
• Topic: AGREEMENTS - Intergovernmental

Date	Journal Page Number	Action By	Action	Result
2/24/2021	27586	City Council	Passed	Pass
2/22/2021		Committee on Finance	Recommended to Pass
1/27/2021	26247	City Council	Referred

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OFFICE OF THE MAYOR
CITY OF CHICAGO
I,ORI B. LIGHTFOOT
MAYOR


January 27, 2021










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Commissioner of Planning and Development, I transmit herewith ordinances authorizing the execution of intergovernmental agreements with the Chicago Park District for expenditure of TIF funds.

Your favorable consideration of these ordinances will be appreciated.


Very truly yours,

ORDINANCE
WHEREAS, the City of Chicago (the "City"), is a home rule unit of government under Article VII, Section 6(a) ofthe 1970 Constitution ofthe State of Illinois, and as such may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the Chicago Park District (the "Park District"), is an Illinois municipal corporation and a unit of local government under Article VII, Section 1 ofthe 1970 Constitution of the State of Illinois, and as such is authorized to exercise control over and supervise the operation of all parks within the corporate limits ofthe City; and
WHEREAS, the Park District has undertaken to make certain park improvements at Donovan Park, which is generally located at 3609 South Lituanica Ave., Chicago, Illinois and legally described in Exhibit A (the "Property"); and
WHEREAS, the Park District desires to acquire a privately-owned 0.46 acre lot across the street from Donovan Park and remediate the newly acquired property to make it available for passive recreation (the "Project"); and
WHEREAS, the Property lies wholly within the boundaries of the 35th/Halsted Redevelopment Area (as hereinafter defined); and
WHEREAS, the City is authorized under the provisions of the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq., as amended from time to time (the "Act"), to finance projects that eradicate blight conditions and conservation factors that could lead to blight through the use of tax increment alloca...