Chicago Committee on Economic, Capital and Technology Development Meeting Summary - October 29, 2024
At a glance
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The Committee reviewed and approved multiple reappointments, budgets, service agreements, and tax levies for various Special Service Areas (SSAs) across Chicago, along with supporting several tax incentive proposals.
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Key decisions
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- Reappointment of Juliana Montebello-Roman to Special Service Area No. 17, Central Lakeview Commission.
- Approval of scope of services, budgets, tax levies, and service provider agreements for multiple SSAs including SSA Nos. 4, 23, 35-2015, 47, 55, 56-2022, 73, 31, and others for 2024 and 2025.
- Establishment of new SSAs Nos. 32-2024 (Auburn Gresham), 76-2024 (North Michigan Avenue), 81 (87th Street Business Corridor), and 82 (Division/Dearborn) with approved budgets and tax levies for 2024 and 2025.
- Support for various tax incentives including Class 8 MICRO property tax incentive for former U.S. Steel mill and Class 6(b) and Class C tax incentives for specific properties.
- Amendment of Municipal Code Chapters 2-8 and 2-45 to waive fees for Class 8 MICRO projects.
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Meeting information
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Committee on Economic, Capital and Technology Development
Change of Meeting Room to Eleventh Floor of City Hall - Room 1103 Written public comment deadline October 29, 2024, 11:00 AM
Agenda
Agenda items not available.
Documents from this meeting
- Otherhttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/d5151715-ea48-4688-9a23-303e5d7b3a4f.pdf
- Noticehttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/fc0ef40b-5637-4d9d-87bd-f8d4931a40b7.pdf
- Noticehttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/0ad888ac-c0d2-4ded-9067-ca10d24a2b6d.pdf
- Agendahttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/6c984254-a8eb-4b9f-9167-a124db5c22ed.pdf
- Summaryhttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/8c80936d-73e8-43aa-81bd-16efccde22f2.pdf
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