OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT . MAYOR
December 14, 2022
TO THE HONORABLE. THE CITY COUNCIL OF THE CI TY OF CHICAGO
Ladies and Gentlemen:
At the request ofthe Commissioner of Planning and Development, I transmit herewith an ordinance authorizing the execution of an intergovernmental agreement with the Regional Transportation Authority regarding the Kimball Station Area Curb Management and Mobility-Plan.
Your favorable consideration ofthis ordinance will be appreciated.
ORDINANCE
WHEREAS, the City of Chicago (the "City") is a home rule unit of government under Article VII, Section 6(a) of the 1970 Constitution of the State of Illinois and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the Regional Transportation Authority (the "RTA") is an Illinois municipal corporation and body politic created under the laws ofthe State of Illinois' and
WHEREAS, the City is authorized, under the provisions of the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq., as amended (the "Act"), to finance projects that eradicate blight conditions and conservation factors that could lead to blight through the use of tax increment allocation financing for redevelopment projects; and
WHEREAS, pursuant to three ordinances adopted on February 16, 2000, the City Council of the City (the "City Council"): (i) approved a certain redevelopment plan and project, the "Lawrence/Kedzie Plan") for the Lawrence/Kedzie Redevelopment Project Area (the "Lawrence/Kedzie Area") within the City; (ii) designated the Lawrence/Kedzie Area as a redevelopment project area; and (iii) adopted tax increment allocation financing ("Lawrence / Kedzie TIF Adoption Ordinance") for the Lawrence/Kedzie Area; and
WHEREAS, under the Act and under the Lawrence/Kedzie TIF Adoption Ordinance, certain taxes are allocated and, when collected, are paid to the Treasurer ofthe City for deposit by the Tre...
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