Summary

Committee on Economic, Capital and Technology Development meeting summary

ChicagoJun 11, 20262 min read

At a glance

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The committee approved numerous appointments and reappointments to Special Service Area (SSA) boards across Chicago, passed amendments to two SSAs related to interim service providers and 2026 tax levies, and supported a Class 7(b) tax incentive for 2640–2646 W Madison St. One item expressing support for a U.S.–Taiwan partnership was deferred. These items will be submitted to City Council on June 17, 2026.

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Technology Development Greater Southwest Development

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Committee on Economic, Capital and Technology Development

Topics discussed

Budget & TaxCommerce

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What this means

Committee members voted to move many nominations for local Special Service Area (SSA) boards forward and approved amendments affecting interim service providers and the 2026 tax levy for two SSAs. The committee also backed a tax-incentive request for a property on W Madison. Most actions now go to the City Council on June 17, 2026 for final consideration. An item about U.S.–Taiwan trade and tourism support was deferred and received no final action at this meeting.

Key decisions

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Passed committee: Appointed Paul A. Groshko, Xenia Theoharis, and Nicholas Kriarakis to Special Service Area No. 16 (Greektown/Halsted).
Passed committee: Appointed Jeffrey K. Privett to Special Service Area No. 27 (Lakeview) and Andrew Rizzo to SSA No. 17-2025 (Central Lakeview/Wrigleyville).
Passed committee: Approved multiple other SSA appointments and reappointments across the city, including SSA No. 61-2023 (Hyde Park), SSA No. 48 (Old Town), SSA No. 28-2014 (Six Corners), SSA No. 31 (Greater Ravenswood), SSA No. 55 (111th/Kedzie), SSA No. 25 (Little Village), SSA No. 24 (Clark Street), and SSA No. 2 (Belmont Central).
Passed committee: Amendment to SSA No. 59-2022 (59th Street) regarding an interim service provider agreement with Back of the Yards Council and the 2026 tax levy.
Passed committee: Amendment to SSA No. 3 (63rd Street) regarding an interim service provider agreement with Greater Southwest Development Corporation and the 2026 tax levy.
Passed committee: Supported a Class 7(b) tax incentive for the property at 2640–2646 W Madison St.
Deferred: R2026-0025454 (expression of support for a U.S. partnership with Taiwan and for a formalized trade and tourism office).

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Meeting information

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