George and Judy Wheeler 1329 S. Indiana Avenue Chicago, IL 60605-2617
Miguel del Valle City Clerk, City of Chicago City Hall, Room 107 121 North LaSalle Street Chicago, IL 60602
RE: COMMENTS for
Near South Redevelopment Project Area Amendment No. 5, Feb. 8, 2011, Hearing
Dear Mr. del Valle
We are against the Near South Redevelopment Project Area Amendment No. 5, a proposal to make Museum Park part of a Tax Incremental Finance ("TIF") District.
IN CASE YOU HAVE NEVER BEEN HERE...
This is probably the most recently and highly developed residential area of the city. A new southern skyline has been built in the proposed TIF District in about the last ten years, mostly luxury residences. The enclosed CD contains:
• A first QuickTime video shot on February 6, 2011, showing a 360-degree panorama view from the intersection of 14th Street and Indiana Avenue, which is within the proposed TIF district according to the map provided with the notice sent to residents.
• A second QuickTime video shot on the same date from just south of 13th Street and Indiana Avenue, showing three recently built luxury high-rise buildings within the proposed TIF district.
• A picture shot on the same date from just south of 13th Street and Indiana Avenue of the Museum Park real estate sign, showing that the new residences offered for sale range from $250,000 to $ 2,000,000.
See also
, which shows more information and details about this substantial portion of the proposed TIF district.
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February 6, 2011
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George and Judy Wheeler 1329 S. Indiana Avenue Chicago, IL 60605-2617
THIS IS NOT A "BLIGHTED AREA"
According to the letter mailed recently to the residents of this area by Arnold Randall, Chairman, Community Development Commission of the City of Chicago,
"The overall goal of the Plan is to reduce or eliminate the conditions that qualify the area as a Blighted Area and to provide the mechanisms necessary to support public and pr...
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