Office of the City Clerk - Record #: F2021-30

• Record #: F2021-30
• Type: Communication
• Status: Placed on File
• Intro date: 4/21/2021
• Final action: 4/21/2021
• Title: Second Amendment to 71st and Stony Island Tax Increment Financing Redevelopment Project and Plan
• Sponsors: Dept./Agency
• Topic: TAX INCREMENT FINANCING DISTRICTS - 71st/Stony Island T.I.F. - Redevelopment Agreements

Date	Journal Page Number	Action By	Action	Result
4/21/2021	29437	City Council	Placed on File

l)i i'artmi \ r or Law
CITY (.)!•' CHICACO

March lb, IVII 0ffice of the Chicaqo City Clerk
2021 MAR 26 pm12:16
Ms. Andrea Valencia
City Clerk, City of Chicago
121 North LaSalle Street - Room 107
Chicago, Illinois 60602


Re: Amendment No. 2 to the 71st and Stony Island Tax Increment Financing Redevelopment Project and Plan

Dear Ms. Valencia:

Enclosed please find a copy of the proposed Amendment No. 2 to the 71st and Stony Island Tax Increment Financing Redevelopment Project and Plan (the "2nd Amendment"). The 71st and Stony Island Tax Increment Financing Redevelopment Project and Plan was originally approved on October 7, 1998 and then was amended on July 25, 2018.

Please make the 2nd Amendment 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) ofthe Illinois Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1. et seq., as amended. If you have any questions concerning this matter, please contact me at 312-742-5763.
Sincerely, Adam R. Walker
Senior Assistant Corporation Counsel
Enclosure
cc w/o end: Scott D. Fehlan. Chief Assistant Corporation Counsel
Ryan Slattery. Department of Planning and Development





m NOK'I'l-l IAS A III. SI'K LIT. ROOM Mil). (' 111 ('A (I ( >. ILLINOIS iiOdOL'

71st and stony island tax increment
financing redevelopment project and plan

Project and Plan Approved: October 7, 1998
Amendment No. 1 Approved: July 25, 2018
Office of the Chicago City Clerk
2021 MAR 26 ph12:16



Amendment No. 2

March 30, 2021



City of Chicago Lori Lightfoot, Mayor



Department of Planning and Development Maurice D. Cox, Commissioner


Prepared for the: City of Chicago



By:
Camiros, Ltd.

TABLE OF CONTENTS

EXECUTIVE SUMMARY|9
10|MODIFICATIONS TO THE 71st AND STONY ISLAND REDEVELOPMENT PROJECT AND PLAN|910|EXECUTIVE SUMMARY|910|INTRODUCTION|910|ELIGIBILITY ANALYSIS|910|REDEVELOPMENT PLAN AND PROJECT|910|FINANCIAL PLAN|910|REQUIRED FINDINGS AND TESTS ...