Summary

Committee on Economic, Capital and Technology Development meeting summary

ChicagoMay 11, 20262 min read

At a glance

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The committee approved six appointments to Special Service Area boards, supported two property tax incentives, amended the Uptown Special Service Area service agreement and tax levy, and directed the Comptroller to activate the Leak Relief Pilot Program. Two items—the appointment of Andrew Rizzo and an Interactive Digital Wayfinder pilot—were deferred.

Projects mentioned

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Technology Development Leak Relief Pilot Program Interactive Digital Wayfinder Pilot Program

Committees mentioned

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Committee on Economic, Capital and Technology Development

Topics discussed

Budget & TaxCommerceUtilities

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What this means

The committee confirmed several local board members who will help manage neighborhood service districts and supported tax-incentive requests that can lower property taxes for qualifying redevelopment projects. The committee also approved changes to Uptown’s local service-area agreement and moved to activate a pilot program that can grant bill relief for certain water leaks. Two items were postponed for later consideration.

Key decisions

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Appointed Eric Kirsammer to Special Service Area No. 17-2025 (Central Lakeview/Wrigleyville).
Appointed Jeanne Saliture to Special Service Area No. 17-2025 (Central Lakeview/Wrigleyville).
Appointed Jose Cruz to Special Service Area No. 24 (Clark Street).
Appointed Lindsay Moyer to Special Service Area No. 82 (Division/Dearborn).
Appointed Adam Risolia to Special Service Area No. 82 (Division/Dearborn).
Appointed Lauretta Stewart to Special Service Area No. 82 (Division/Dearborn).
Supported a Class 7(b) tax incentive with United Center Joint Venture for properties at 1931–1935 W Madison St; 1950–1956 and 1830–1859 W Adams St; 121 S Damen Ave; and 1728, 1859 and 1925 W Monroe St.
Supported a Class L tax incentive with 30 North LaSalle Owner LLC for the property at 30 N LaSalle St (originally passed March 12).
Amended Special Service Area No. 34 (Uptown) regarding a service provider agreement with Uptown United and the 2026 tax levy.
Directed the City Comptroller to activate provisions of MC 11-12-470 Leak Relief Pilot Program (passed on a roll-call vote of 8–2).
Deferred appointment of Andrew Rizzo to Special Service Area No. 17-2025 (Central Lakeview/Wrigleyville).
Deferred establishment of an Interactive Digital Wayfinder Pilot Program.

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