Committee on Economic, Capital and Technology Development Approves Multiple Special Service Area Budgets and Agreements
At a glance
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On November 10, 2025, Chicago's Committee on Economic, Capital and Technology Development met to consider and pass ordinances related to the scope of services, budgets, and management agreements for numerous Special Service Areas (SSAs) across various wards. The committee also introduced ordinances for annual budgets of additional SSAs and supported several tax incentive proposals. A subject matter hearing on the 2025-2029 Capital Improvement Plan was held without votes.
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Key decisions
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- Approved scope of services, budgets, and management agreements for 24 Special Service Areas including Belmont/Central, Howard Street, Old Town, Cottage Grove, South Western Avenue, Greater Lakeview East, and others.
- Introduced ordinances for annual budgets of 25 additional Special Service Areas such as 95th/Beverly, Commercial Avenue, Kedzie Industrial Park, Back of the Yards, Stockyards, Greektown, and more.
- Supported Class 6(b) and Class L tax incentives for properties at 4000 S Racine Ave, 135 S LaSalle St, and 1032 W. Fulton Market.
- Held a subject matter hearing on the proposed 2025-2029 Capital Improvement Plan Program with no votes taken.
- Deferred consideration of budgets and agreements for Special Service Areas No. 3 (63rd Street) and No. 59-2022 (59th Street).
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Meeting information
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Committee on Economic, Capital and Technology Development
1st revision of meeting notice: change of meeting date from November 7, 2025, to November 10, 2025, 12:00 P.M. 1st revision of agenda: Item 8 change to SSA 43 Devon Avenue. 1st Summary Revision changed updated item 20 SSA title. Written Comment Deadline: November 7, 2025, 12:00 P.M.
Agenda
Agenda items not available.
Documents from this meeting
- Agendahttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/3dbfb524-f3cc-4e0b-81f2-05e5d5dc8097.pdf
- Agendahttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/7d0f7114-6764-480e-a0cd-831cab441704.pdf
- Noticehttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/c1953a9d-b08d-4ecf-b1d7-2b72a4dfb1ee.pdf
- Noticehttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/e31c88e4-3621-4680-8cdf-d129489b06f9.pdf
- Summaryhttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/e3752981-5975-4c67-8b85-ed70d27bf077.pdf
- Summaryhttps://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/20f72546-a282-44e6-b742-23307a3c1c5a.pdf
- Monthly Rule 45https://occprodstoragev1.blob.core.usgovcloudapi.net/meetingattachmentspublic/2a714a77-37b1-460e-81c5-6be418adaa73.pdf
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