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This record contains private information, which has been redacted from public viewing.
Record #: O2013-9163   
Type: Ordinance Status: Passed
Intro date: 11/26/2013 Current Controlling Legislative Body: Committee on Finance
Final action: 12/11/2013
Title: Third Amendment to Neighborhood Housing Services Agreement with Neighborhood Housing Services of Chicago, Inc. for South Chicago Redevelopment Project
Sponsors: Emanuel, Rahm
Topic: AGREEMENTS - Redevelopment
Attachments: 1. O2013-9163.pdf


OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
November 26, 2013










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


Ladies and Gentlemen:

At the request of the Commissioner of Housing and Economic Development, I transmit herewith an ordinance authorizing the execution of an agreement with Neighborhood Housing Services to administer a Neighborhood Improvement Program.

Your favorable consideration of this ordinance will be appreciated.

Mayor

Very truly yours,
ORDINANCE

WHEREAS, pursuant to an ordinance adopted by the City Council ("City Council") of the City of Chicago (the "City") on April 12, 2000, a certain redevelopment plan and project (the "South Chicago Plan") for the South Chicago Redevelopment Project Area (the "South Chicago Area") was approved pursuant to the Illinois Tax Increment Allocation Redevelopment Act, as amended (65 ILCS 5/11-74.4-1 etseg.) (the "Act"); and
WHEREAS, pursuant to an ordinance adopted by the City Council on April 12, 2000, the South Chicago Area was designated as a redevelopment project area pursuant to the Act; and
WHEREAS, pursuant to an ordinance adopted by the City Council on April 12, 2000, tax increment allocation financing was adopted pursuant to the Act as a means of financing certain South Chicago Area redevelopment project costs (as defined in the Act) incurred pursuant to the South Chicago Plan; and

WHEREAS, the City, pursuant to an ordinance adopted by the City Council on June 6, 2001, established a TIF Neighborhood Improvement program to fund improvements to single-family residential properties in the South Chicago Area (the "South Chicago Program") and, through a predecessor department of the Department of Housing and Economic Development ("HED"), entered into an agreement ("NHS Agreement") with Neighborhood Housing Services of Chicago, Inc., an Illinois not-for-profit corporation ("NHS"), which NHS Agreement, as amended, continues in full force and effect, pursuant to which NHS is pe...

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