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CITY OF CHICAGO
April 3, 2019
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Ms. Andrea M. Valencia City Clerk City of Chicago 121 North LaSalle Street Chicago, Illinois 60602
Re: Second Revised Roosevelt / Clark Tax Increment Financing Redevelopment Plan and Project for the proposed Roosevelt / Clark Tax Redevelopment Project Area
Dear Ms. Valencia:
I enclose the Second Revised Roosevelt / Clark Tax Increment Financing Redevelopment Area Plan and Project for the proposed Roosevelt / Clark Redevelopment Project Area, Chicago, Illinois, dated April 3, 2019.
Please make the Plan available in your office as of this date for public inspection in accordance with the requirements of Section 5/11 -74.4-5(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 744-0205.
Sincerely, Ranti B. Oseni
Assistant Corporation Counsel
Enclosure
cc: M. Susan Lopez Tim Jeffries
121 NORTH I.ASAI.I.K STRKKT, ROOM
Roosevelt/Clark Tax Increment Financing Redevelopment Plan and Project
City of Chicago, Illinois
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November 30, 2018
Revised March 7,2019 > _ co
Revised April 4,2019 - -o
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City of Chicago Rahm Emanuel, Mayor
Department of Planning and Development David L. Reifman, Commissioner
TABLE OF CONTENTS
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
Appe...
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