OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR
March 15, 2023
TO THK HONORABLE, THE CITY COUNCIL.
OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request of the Commissioner ofPlanning and Development, I transmit herewith ordinances authorizing the acquisition of properties for development purposes.
Your favorable consideration of these ordinances will be appreciated.
ORDINANCE
WHEREAS, the City of Chicago (the "City") is a home rule unit of government by virtue of the provisions of the Constitution of the State of Illinois of 1970, and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, pursuant to ordinances adopted by the City Council of the City ("City Council") on May 17, 2000, and published at pages 30776 through 30953 of the Journal of the Proceedings of the City Council (the "Journal") for such date, the City Council: (i) approved a certain redevelopment plan and project ("Original Plan") for the Midwest Redevelopment Project Area (the "Original Area") pursuant to the Illinois Tax Increment Allocation Redevelopment Act, as amended (65 ILCS 5/11-74.4-1 et seg.) (the "Act"); (ii) designated the Original Area as a conservation area pursuant to the Act; and (iii) adopted tax increment allocation financing pursuant to the Act as a means of financing certain Original Area redevelopment project costs (as defined in the Act) incurred pursuant to the Original Plan; and
WHEREAS, conservation areas are those improved areas within a municipality which are deteriorating and declining and may become blighted if the deterioration is not abated (see 65 ILCS 5/1 l-74.4-3(b)); and
WHEREAS, the Original Plan was amended to increase project costs, by ordinance the City Council adopted on May 9, 2012, and published in the Journal for such date at pages 25884 through 26069 (the Original Plan, as amended, the "Amended Plan"); and
WHEREAS, the Original Area was amended to expand the boundaries of the Or...
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