Summary

Committee on Finance meeting agenda: March 13, 2026 — settlements, TIF allocations, housing financing, permit waivers

ChicagoMar 13, 20262 min read

At a glance

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The Committee on Finance will consider approval of the February 2026 Rule 45 report; proposed settlement orders including two large settlements ($350,000 and $27,000,000); a substitute ordinance to waive certain Public Building Commission permit fees (2026–2031); multiple TIF intergovernmental agreements for park and school improvements (totaling up to $12,150,000 across listed items); housing financing and bond actions for multi-family and senior developments (several actions totaling tens of millions); orders on small claims; and a citywide NAACP charitable solicitation (Tag Day) permit.

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Consider TIF

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Committee on Finance

Topics discussed

Budget & TaxEducationHousing

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Key decisions

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Approve February 2026 Monthly Rule 45 Report for the Committee on Finance.
Authorize Corporation Counsel to execute two settlement orders: Nikki Yonushatis v. City of Chicago ($350,000) and consolidated Harrell/Myers matters ($27,000,000; $20M City, $7M insurance).
Consider substitute ordinance authorizing building and facility-related permit fee waivers for the Public Building Commission of Chicago (Jan 1, 2026–Dec 31, 2031).
Consider TIF intergovernmental agreements with the Chicago Park District for improvements at Avondale Park (up to $5,000,000), Clarendon Park (up to $2,000,000), Hermosa Park (up to $4,250,000), and with the Chicago Board of Education for Carter G. Woodson South Elementary School (up to $900,000).
Consider Department of Housing ordinances for multi-family financing and housing revenue bonds: Prairie District Apartments (up to $14,872,344), MPC Phase 1 (up to $12,500,000), and Park Manor Senior Residences (up to $15,100,000).
Consider proposed orders authorizing and denying payment of various small claims against the City.
Consider proposed order authorizing NAACP charitable solicitation on the public way (citywide Tag Day, April 1–Dec 31, 2026).

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Meeting information

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