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TIF Transparency in the 46th Ward
03/26/2009

There are 5 Tax Increment Financing Districts in the 46th Ward.  Two of them (Wilson Yard and Lakeside/Clarendon) are located wholly within the ward. Three of them (Lawrence/Broadway, Hollywood/Sheridan and Clark/Montrose) include portions of the 46th Ward as well as areas outside the 46th Ward boundaries.

For each TIF, you will find an overview, annual reports and all legislation passed by the City Council pertaining to the TIF. 

Wilson Yard TIF
Financial overview, map and narrative (.pdf)
2002 Annual Report (.pdf)
2003 Annual Report (.pdf)
2004 Annual Report (.pdf)
2005 Annual Report (.pdf)
2006 Annual Report (.pdf)
2007 Annual Report
(.pdf)
2008 Annual Report (.pdf)

June 27, 2001 Designation of Wilson Yard Redevelopment Project Area as Tax Increment Financing District  (.pdf) 

June 27, 2001 Authorization for Approval of Tax Increment Redevelopment Plan for Wilson Yard Redevelopment Project Area (.pdf)

June 27, 2001 Adoption of Tax Increment Allocation Financing for Wilson Yard Redevelopment Project Area  (.pdf)  

November 19, 2003 Authorization to Negotiate Acquistion of Property at 4400-4428 North Broadway for Benefit of Wilson Yard Redevelopment Project Area  (.pdf)

March 9, 2005 Approval for Acquisition of Property within Wilson Yard Tax Increment Financing Area from and Authorization for Execution of Intergovernmental Agreement with Chicago Transit Authority (.pdf)

May 11, 2005 Designation of Wilson Yard Development I, LLC as Master Developer. Authorization for Execution of Redevelopment Agreement, Conveyance of City-Owned Property, Issuance of City Notes and Payment of Certain Incremental Taxes (.pdf)

September 14, 2005 Designation of Wilson Yard Devleopment I, LLC as Project Master Developer, Authorization for Execution of Revised Redevelopment Agreement, Issuance of City Notes and Payment of Certain Incremental Taxes for Property at West Montrose Avenue and North Broadway (.pdf) 

February 8, 2006 Authorization for Issuance of Mult-Family Housing Revenue Bonds, Multi-Family Housing Revenue Notes, Execution of Loan Agreement and Waiver of Certain Fees for Wilson Yard Senior Housing, LP (.pdf) 

February 8, 2006 Authorization for Execution of Intergovernmental Agreement with Chicago Board of Education Concerning Rehabilitation and Expansion of Arai Middle School at 900 West Wilson Avenue for Conversion into Upflit Community High School (.pdf) 

September 13, 2006 Authorization for Execution of Eighth amending Agreement to Administrative Services Agreement with SomerCor504, Inc. (creation of Small Business Improvement Fund for Wilson Yard TIF) (.pdf) 

December 13, 2006  Designation of Community Housing Partners XI, LP and Voice of the People in Uptown, Inc. as Project Developers, Authorization for Execution of Loan, Redevelopment and Land-Use Resitriction Agreements and Issuance of City of CHicago Variable Rate Demand Multifamily Housing Revenue Bonds (Uptown Preservation Apartments) Series 2007 for Acquistion and Rehabilitation of Affordable Housing (.pdf)

May 23, 2007 Amendment of Prior Ordinance Which Authorized Issuance of Multi-Family Housing Revenue Bonds to and Execution of Loan Agreement with Wilsona Yard Senior Housing LP (.pdf)

May 23, 2007 Amendment of Prior Ordinance Which Authorized Execution of Redevelopment Agreement with Wilson Yard Development I, LLC (.pdf)

April 9, 2008 Amendment of Prior Ordinance Which Authorized Issuance of City of Chicago Multi-Family Housing Revenue Bonds (Wilson Yard Senior Apartments) Series 2007 for Benefit of Wilson Yard Senior Housing, LP for Construction of Senior Housing (.pdf)

April 9, 2008 Authorization for Execution of Second Amendment to Redevelopment AGreement with Wilson Yard Developers Concerning Construction of Senior Housing Development (.pdf)

September 10, 2008 Authorization for Execution of Intergovernmental Agreement with Board of Trustees of Community College District Number 508 for Provision of Tax Increment Financing Assistance and Issuance of City Note for Construction of Student Services Center, Parking Garage and Offices at Harry S Truman College (.pdf) 

July 2, 2009 Amendment No. 1 to City of Chicago Wilson Yard Redevelopment Project Area Tax Increment Financing District Eligibility Study, Redevelopment Project and Plan (.pdf)

 

Clark/Montrose TIF
Financial overview, map and narrative (.pdf)
2002 Annual Report (.pdf)
2003 Annual Report (.pdf)
2004 Annual Report (.pdf)
2005 Annual Report (.pdf)
2006 Annual Report (.pdf)
2007 Annual Report (.pdf)

July 7, 1999 Designation of Clark/Montrose Redevelopment Project Area as Tax Increment Financing District  (.pdf) 

July 7, 1999 Authorization for Approval of Tax Increment Redevelopment Plan for Clark/Montrose Redevelopment Project Area (.pdf)

July 7, 1999 Adoption of Tax Increment Financing for Clark/Montrose Redevelopment Project Area  (.pdf) 

November 8, 2000 Amendment of Prior Agreement by Authorization of SomerCor 504, Inc. to Administer Certain Services for Small Business Improvement Fund Program  (.pdf)

November 8, 2000 Authorization for Issuance of City of Chicago Tax Increment Allocation Revenue Note (Clark/Montrose Redevelopment Project) Taxable Series 2000  (.pdf) 

February 8, 2006 Authorization for Execution of Redevelopment Agreement with Black Ensemble Theater for Property at 4440-4450 N Clark Street (.pdf)

February 8, 2006 Authorization for Refinancing of Tax Increment Allocation Revenue Note with Harris Bank Concerning Clark/Montrose Redevelopment Project  (.pdf)

 

Lawrence/Broadway TIF
Financial overview, map and narrative (.pdf)
2002 Annual Report (.pdf)
2003 Annual Report (.pdf)
2004 Annual Report (.pdf)
2005 Annual Report (.pdf)
2006 Annual Report (.pdf)
2007 Annual Report (.pdf) 

June 27, 2001 Authorization for Approval of Tax Increment Redevelopment Plan for Lawrence/Broadway Redevelopment Project Area (.pdf) 

June 27, 2001 Designation of Lawrence/Broadway Redevelopment Project Area as Tax Increment Financing District  (.pdf) 

June 27, 2001 Adoption of Tax Increment Allocation Financing for Lawrence/Broadway Redevelopment Project Area  (.pdf) 

September 4, 2002 Designation of Uptown Goldblatts Venture, LLC as Project Developer and Authorization for Execution of Redevelopment Agreement and Issuance of City Notes for Property at 4720-4740 N Broadway  (.pdf) 

October 4, 2006 Authorization for Use of Tax Increment Financing Funds for and Reestablishment of Commercial Facade Rebate Program  (.pdf) 

November 15, 2006 Authorization for Acquistion of Properties at 4816 North Broadway, 1200 West Lawrence Avenue and 4815 north Magnolia Avenue for Benefit of Lawrence/Broadway Tax Increment Financing Redevelopment Project Area Plan  (.pdf) 

 

Lakeside/Clarendon TIF
Financial overview, map and narrative (.pdf)
2004 Annual Report (.pdf)
2005 Annual Report (.pdf)
2006 Annual Report (.pdf)
2007 Annual Report (.pdf)

July 21, 2004 Designation of Lakeside/Clarendon Redevelopment Project as Tax Increment Financing District  (.pdf)

July 21, 2004 Approval of Tax Increment Financing Redevelopment Plan for Lakeside/Clarendon Redevelopment Project Area (.pdf) 

July 21, 2004 Adoption of Tax Increment Allocation Financing for Lakeside/Clarendon Redevelopment Project Area  (.pdf)

 

Hollywood/Sheridan TIF
Financial overview, map and narrative (.pdf)
2007 Annual Report (.pdf)

November 7, 2007 Designation of Hollywood/Sheridan Redevelopment Project Area as Tax Increment Financing District  (.pdf) 

November 7, 2007 Approval of Tax Increment Financing Redevelopment Plan for Hollywood/Sheridan Redevelopment Project Area  (.pdf) 

November 7, 2007 Adoption of Tax Increment Allocation Financing for Hollywood/Sheridan Redevelopment Project Area  (.pdf) 

September 10, 2008 Authorization for Execution of Loan and Redevelopment Agreements with Hollywood House Limited Partnership, Issuance of City Note and Waiver of Certain Permit Fees for Rehabiltation of Senior Housing at 5700 North Sheridan Road  (.pdf)