Chicago City Wire

The city of Chicago Community Development Commission met Tuesday to request authority to advertise the Department of Planning and Development’s intention to enter into a negotiated sale with Ujamaa Holdings Group LLC for the disposition of the property at 2810-14 and 2820 E. 83rd St.

The commission's 15 members  review and recommend action on the provision of Tax Increment Financing (TIF) to assist private redevelopment projects; the designation of new TIF districts and redevelopment areas; the sale of city-owned property in TIF districts and redevelopment areas; and the appointment of members to Community Conservation Councils.

Here's the meeting's agenda, as provided by the city: 

COMMUNITY DEVELOPMENT COMMISSION

121 North LaSalle Street

Room 201A City Hall

Regular Meeting, 1:00 p.m.

June 14, 2016

TENTATIVE AGENDA

I. ROLL CALL

II. APPROVAL OF MINUTES OF THE MAY 10, 2016 MEETING

III. NEW BUSINESS

A. COMMERCIAL AVENUE TIF REDEVELOPMENT PROJECT

AREA (WARD 7)

Request authority to advertise the Department of Planning and

Development’s intention to enter into a negotiated sale with Ujamaa

Holdings Group, LLC for the disposition of the property located at 2810-

14 and 2820 E. 83rd Street in the Commercial Avenue Tax Increment

Financing Redevelopment Project Area, to request alternative proposals,

and to approve the sale of the property to Ujamaa Holdings Group, LLC if

no responsive alternative proposals are received.

B. MIDWEST TIF REDEVELOPMENT PROJECT AREA (WARD 28)

Request authority for the Department of Planning and Development to

negotiate a redevelopment agreement with The Habitat Company, LLC

and/or a related entity for redevelopment of the property located at 3300

W. Maypole Avenue in the Midwest Tax Increment Financing

Redevelopment Project Area, and to recommend to the City Council of the

City of Chicago the designation of The Habitat Company, LLC and/or a

related entity as Developer.

IV. ADJOURNMENT