Committee on Economic, Capital and Technology Development
TL;DR
The Chicago Committee on Economic, Capital and Technology Development met to review and approve several Special Service Area (SSA) commission appointments and tax incentive proposals. These appointments and tax breaks aim to support local economic development and potentially attract new businesses to various neighborhoods across the city.
Key Decisions
- Reappointments to Neighborhood Special Service Area Commissions Passed
- Tax Incentive for Forest Preserve Drive Property Recommended to Pass
- Tax Incentive Renewal for Roosevelt Road Property Recommended to Pass
- Tax Status for Ravenswood Avenue Redevelopment Recommended to Pass
- Tax Incentive for Mendell Street Property Recommended to Pass
Agenda
- Attendance
- Approval May 2022 Rule 45 Report
- 1 Reappointment of Bonnie L. Dinell-Dimond as member of Special Service Area No. 5, Commercial Avenue CommissionAppointmentAction: Recommended to Pass
The Appointment was Recommended to Pass.
- 2 Reappointment of Jack B. Wroblewski as member of Special Service Area No. 28-2014, Six Corners CommissionAppointmentAction: Recommended to Pass
The Appointment was Recommended to Pass.
- 3 Reappointment of Diane M. Carli as member of Special Service Area No. 39, BrightonPark-Archer Heights CommissionAppointmentAction: Recommended to Pass
The Appointment was Recommended to Pass.
- 4 Reappointment of Jose Barrera as member of Special Service Area No. 39, Brighton Park-Archer Heights CommissionAppointmentAction: Recommended to Pass
The Appointment was Recommended to Pass.
- 5 Reappointment of Dallas F. Gordon, Jr. as member of Special Service Area No. 45, 103rd Halsted CommissionAppointmentAction: Recommended to Pass
The Appointment was Recommended to Pass.
- 6 Appointment of Jessie Eisner-Kleyle as member of Special Service Area No. 19, Howard Street CommissionAppointmentAction: Recommended to Pass
The Appointment was Recommended to Pass.
- 7 Support of Class 6(b) tax incentive for property at 6701 W Forest Preserve Dr/4350 N Normandy AveOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 8 Support of Class 6(b) tax incentive renewal for property at 2700 W Roosevelt RdOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 9 Support of Class 7(c) tax status for property at 4710 N Ravenswood California Ave in conjunction with redevelopment agreement of FR Restaurant LLC and Megara Properties LLC-Series 2OrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 10 Support of Class 6(b) tax incentive for property at 2017 N Mendell StOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.