2011 SEP 29 PM12:
OFFICE OF THE CITY CLERK
CITY ()!•' CHICAGO
September 29, 2017
Ms. Andrea M. Valencia City Clerk
121 North LaSalle Street Chicago, Illinois 60602
Re: Redevelopment Plan for the Foster/Edens Tax Increment Financing Redevelopment Project Area
Dear Ms. Valencia:
I enclose a Proposed Foster/Edens Tax Increment Redevelopment Area Redevelopment Plan and Project (the "Plan") for the Foster/Edens Tax Increment Financing Redevelopment Project Area, Chicago, Illinois, dated September 29, 2017.
Please make the Plan available in your office as of this date for public inspection in accordance with the requirements of Section 5/11-74.5-5(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 744-8973.
Michael L. Gaynor Senior Counsel
Enclosure
Ryan Slattery
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LA.SAI.l.h VI'KI'.K I'. KOOM liOO. CHICAGO. ILLINOIS (lOI.O'i
Received
2017 SEP 29 PmC 16
OFFICE OF THE CITY CI FRK
Foster/Edens Tax Increment Financing Redevelopment Plan and Project
City of Chicago, Illinois
September 29, 2017
City of Chicago Rahm Emanuel, Mayor
Department of Planning and Development David L. Reifman, Commissioner
City of Chicago Redevelopment Plan and Project
TABLE OF CONTENTS
Executive Summary
Redevelopment Area Description
Redevelopment Area Goals and Zoning
Summary of Blighting Conditions in the Area
Tax Increment Financing Redevelopment Project
Conformity to Comprehensive Plan
Provisions for Amending the Plan
Scheduling of Plan
Affirmative Action Plan
Lack of Growth Through Private Investment
Financial and Service Impacts on Taxing Districts
Conclusions Eligibility Report
Appendix
Appendix fable 1 - Parcel Numbers and estimated 2016 Equalized Assessed Value
Legal Description
Map 1 - Boundary Map
Map 2 - Existing Land Use Map
Map 3 - Proposed Land Use Map
LAUBE
c: g m paniis
Foster/Edens...
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