Summary

Committee on Economic, Capital and Technology Development — Summary of Reports (Oct 9, 2025)

ChicagoOct 9, 20252 min read

At a glance

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The Committee met October 9, 2025 to consider appointments to Special Service Area (SSA) boards, adopt SSA scope/budget/management agreements, and act on several tax incentive requests. The committee also held SSA public hearings on SSA 17-2025, an enlargement of SSA 27, and changes to SSA 72, and directed activation of the Leak Relief Pilot Program.

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Technology Development Leak Relief Pilot Program

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Committee on Economic, Capital and Technology Development

Topics discussed

Budget & TaxCommerce

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Key decisions

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Approved multiple appointments and reappointments to Special Service Area boards (appointments and reappointments listed in A2025-0019857, A2025-0019858, A2025-0019863, A2025-0019864, A2025-0019866–A2025-0019884).
Adopted scope of services, budget, and management agreements for Special Service Areas: O2025-0019781, O2025-0019782, O2025-0019783, O2025-0019784, O2025-0019785, O2025-0019787, O2025-0019788, and O2025-0019789.
Supported tax incentive requests: Class 6(b) for 4435 S Western Blvd (O2025-0019967); Class 7(c) for 1840 E 71 St (O2025-0019963); and Class 7(d) for 5713 W Chicago Ave (O2025-0019966).
Deferred appointments A2025-0019860 (Ivy Speck) and A2025-0019861 (Jennifer Dedes) for Special Service Area No. 17 (Central Lakeview Commission).
City Comptroller directed to activate provisions of MC 11-12-470 Leak Relief Pilot Program via SOR2025-0019996; a substitute was introduced and adopted.
Held public hearings on SSA matters: O2025-0019748 (terminate original SSA 17 and create SSA 17-2025, 15-year term 2025–2039); O2025-0019686 (enlargement of SSA 27, change in services, impose annual service tax at 0.25%, extend levy period through 2039); and O2025-0019745 (change in services for SSA 72, impose annual service tax at 1.75%, extend levy period through 2039).

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