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Record #: F2018-71   
Type: Communication Status: Placed on File
Intro date: 12/12/2018 Current Controlling Legislative Body:
Final action: 12/12/2018
Title: Notice of proposed Roosevelt/Clark Tax Increment Financing Redevelopment Area, Project, Plan and Tax Increment Financing (TIF) Eligibility Report
Sponsors: Dept./Agency
Topic: TAX INCREMENT FINANCING DISTRICTS - Miscellaneous
Attachments: 1. F2018-71.pdf
Department of Law
CITY OF CHICAGO
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November 30,2018 £23; g



Ms. Andrea M. Valencia City Clerk City of Chicago 121 North LaSalle Street Chicago, Illinois 60602

Re: Roosevelt / Clark Tax Increment Financing Redevelopment Area
Project and Plan for the proposed Roosevelt / Clark Tax Increment Financing Eligibility Report

Dear Ms. Valencia:

I enclose the Roosevelt / Clark Tax Increment Financing Redevelopment Area Plan and Project for the proposed Roosevelt / Clark Redevelopment Project Area, Chicago, Illinois, dated November 30, 2018.

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 744-1745.
Senior Counsel


Enclosure

cc: M. Susan Lopez Tim Jeffries






121 NORTH LASALLE STREET, ROOM 600, CHICAGO. ILLINOIS 60602
Roosevelt/Clark Tax Increment Financing Redevelopment Plan and Project






City of Chicago, Illinois

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November 30, 2018

City of Chicago Rahm Emanuel, Mayor




Department of Planning and Development David L. Reifman, Commissioner
TABLE OF CONTENTS
1 Executive Summary
Redevelopment Area Description
Summary of Blighting Conditions in the Area
Redevelopment Project. Area Goal
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
Housing Impact Study Eligibility Report
Appendix
Map 1 - Boundary Map
Map 2 - Existing Land Use Map
Map 3 - Proposed Land Use Map
Appendix Table 1 - Parcel Numbers for Vacant Areas
Appendix Table 2 - Parcel Numbers for Improved Areas
Appendix Table 3 - Parcel Numbers and estimated 2017 Equalized Assessed Value
Legal Description












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