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Chicago Community Development Commission discusses redevelopment project

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The city of Chicago Community Development Commission met Nov. 8 discuss redevelopment project.

Here is the meeting's agenda, as provided by the commission:

COMMUNITY DEVELOPMENT COMMISSION

121 North LaSalle Street

Council Chambers, Second Floor City Hall

Regular Meeting, 1:00 p.m.

November 8, 2016

TENTATIVE AGENDA

I. ROLL CALL

II. APPROVAL OF MINUTES OF THE OCTOBER 11TH MEETING

III. NEW BUSINESS

A. 71ST/STONY ISLAND TIF REDEVELOPMENT PROJECT AREA

(WARD 5)

Request authority to advertise the Department of Planning and

Development’s intention to enter into a negotiated sale with Bloom on

Marquette, LLC for the disposition of the property located at 1345-57 and

1363 E. Marquette Road in the 71st/Stony Island Tax Increment Financing

Redevelopment Project Area, to request alternative proposals, and to

approve the sale of the properties to Bloom on Marquette, LLC if no

responsive alternative proposals are received.

B. RIVER SOUTH TIF REDEVELOPMENT PROJECT AREA

(WARD 25)

Request authority to acquire portions of the property approximately

located at 600, 800 and 978 S. Wells Street in the River South Tax

Increment Financing Redevelopment Project Area.

IV. ADJOURNMENT

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