Record #: F2022-10   
Type: Communication Status: Placed on File
Intro date: 2/23/2022 Current Controlling Legislative Body:
Final action: 2/23/2022
Title: Notice of proposed Cicero/Stevenson 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. F2022-10.pdf
Department of Law CITY OF CHICAGO

January 26, 2022


Ms. Andrea Valencia City Clerk City of Chicago
121 North LaSalle Street - Room 107 Chicago, Illinois 60602


Re: Redevelopment Plan and Project for the proposed Cicero/Stevenson Redevelopment Project Area (Tax Increment Financing)

Dear Ms. Valencia:

Enclosed please find a copy of the proposed Cicero/Stevenson Tax Increment Financing Redevelopment Plan and Project (the "Plan") for the proposed Cicero/Stevenson Redevelopment Project Area, Chicago, Illinois, dated January 25, 2022. An Eligibility Report is included in Appendix C of the Plan.

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 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 Beth McGuire, Department of Planning and Development


121 NORTH LASALLE STRLT.T, ROOM 600, CHICAGO, ILLINOIS
CICERO/STEVENSON TAX INCREMENT FINANCING REDEVELOPMENT AREA PROJECT AND PLAN


Prepared for: The City of Chicago, Illinois

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City of Chicago Lori Lightfoot, Mayor


Department of Planning and Development Maurice D. Cox, Commissioner






Prepared by:

Ernest R. Sawyer Enterprises, Inc. 100 North LaSalle St., Suite 1515 Chicago, Illinois 60602






This plan is subject to review and may be revised after comment and public
hearing

TABLE OF CONTENTS
INTRODUCTION|910|PROJECT AREA DESCRIPTION|910|ELIGIBILITY OF THE PROJECT AREA|910|REDEVELOPMENT PLAN GOALS AND OBJECTIVES|910|REDEVELOPMENT PLAN 10
REDEVELOPMENT PROJECT DESCRIPTION 12
GENERAL LAND USE PLAN AND M...

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