Record #: F2014-46   
Type: Report Status: Placed on File
Intro date: 6/25/2014 Current Controlling Legislative Body:
Final action: 6/25/2014
Title: Redevelopment Plan and Project for proposed Washington Park Redevelopment Project Area (TIF) (Revised Plan)
Sponsors: Dept./Agency
Topic: TAX INCREMENT FINANCING DISTRICTS - Washington Park T.I.F. - Designation
Attachments: 1. F2014-46.pdf
Department of Law city of chicago

May 30, 2014




Ms. Susana Mendoza
City Clerk
City of Chicago
121 North LaSalle Street
Chicago, Illinois 60602

Re: Redevelopment Plan and Project for the proposed Washington Park
Redevelopment Project Area (Tax Increment Financing)

Dear Ms. Mendoza:

I enclose the Washington Park Tax Increment Financing Redevelopment Area Plan and Project (the "Revised Plan") for the proposed Washington Park Redevelopment Project Area, Chicago, Illinois, dated May 30, 2014.

Please make the Plan available in your office as of this date for public inspection in accordance with the requirements of Section 5/1 l-74.4-5(a) of the Illinois Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seg,., as amended. If you have any questions with respect to this matter, please call me at 742-5763.

Sincerely.

Adam R. Walker
Assistant Corporation Counsel


M. Susan Lopez Tricia Ruffalo



121 NORTH LASALLE STREET, ROOM 600, CHICAGO, ILLINOIS 60602


WASHINGTON PARK TAX INCREMENT FINANCING REDEVELOPMENT AREA PROJECT AND PLAN





Prepared for: The City of Chicago Rahm Emanuel, Mayor


Department of Planning and Development Andrew J. Mooney, Commissioner
Prepared By: Ernest R. Sawyer Enterprises, Inc. And
PGAV PLANNERS Assisted by Goodman Williams Group
O
CO
o
CO

m o _
May 30, 2014
CO













TO
m or-

Table of Contents

SECTION 1. INTRODUCTION|910|SECTION 2. PROJECT AREA DESCRIPTION|910|SECTION 3. ELIGIBILITY OF THE PROJECT AREA FOR 11
DESIGNATION AS A CONSERVATION/BLIGHTED AREA 11
SECTION 4. REDEVELOPMENT PLAN GOALS AND OBJECTIVES 13
SECTION 5. REDEVELOPMENT PLAN 15
SECTION 6. REDEVELOPMENT PROJECT DESCRIPTION 17
RESIDENTIAL DEVELOPMENT 17
MIXED USE (COMMERCIAL/RESIDENTIAL/INSTITUTIONAL) 17
SECTION 7. GENERAL LAND USE PLAN 20
SECTION 8. REDEVELOPMENT PLAN FINANCING 21
SECTION 9. HOUSING IMPACT STUDY 32
SECTION 10. PROVISIONS FOR AMENDING THE PLAN 33
SECTION 11. CITY OF CHICAGO COMMITMENT TO FAIR EMPLOYMENT PRACTICES AND AFFIRMATI...

Click here for full text