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Committee on Economic, Capital and Technology Development

Tuesday, January 10, 2023 · 1:00 PM AM · City Hall -- Council Chamber -- Chicago, Illinois

TL;DR

The City Council's Economic Development Committee met to review and recommend approval of a special service area commission appointment and a tax incentive for properties in the Kedzie Avenue area. These actions aim to support local economic development and provide potential tax benefits for property owners.

Key Decisions

  • Reappointment of Charles K. Newsome to Hyde Park Special Service Area Commission Recommended to Pass
  • Class 6(b) tax incentive for three properties on S Kedzie Avenue Recommended to Pass

Agenda

  1. Attendance
  2. Approval of December Rule 45 Monthly Report
  3. 1 Reappointment of Charles K. Newsome as member of Special Service Area No. 61, Hyde Park Commission
    Appointment
    Action: Recommended to Pass

    The Appointment was Recommended to Pass.

  4. 2 Support of Class 6(b) tax incentive for properties at 4917 S Kedzie Ave, 4815 S Kedzie Ave and 4837 S Kedzie Ave
    Ordinance
    Action: Recommended to Pass

    The Ordinance was Recommended to Pass.

  5. Subject Matter Hearing