City of Chicago Community Development Commission met December 10.
Here is the agenda as provided by the commission:
I. ROLL CALL
II. APPROVAL OF MINUTES OF THE NOVEMBER 12TH MEETING
III. PRESENTATION OF ANNUAL TIF DISTRICT REPORTS
IV. PRESENTATION OF 10-YEAR TIF DISTRICT REPORTS
Regarding Ewing Avenue, Montrose/Clarendon, Randolph/Wells, and West Woodlawn TIF districts.
V. NEW BUSINESS
A. 35TH/HALSTED TIF REDEVELOPMENT PROJECT AREA (WARD 11)
Request authority to advertise the Department of Planning and Development’s intention to enter into a negotiated sale with Our Revival Chicago, LLC for the disposition of the Ramova Theater and adjacent vacant parcel located at 3518-20 S. Halsted Street in the 35th/Halsted Tax Increment Financing Redevelopment Project Area, to request alternative proposals and to approve the sale of the property to Our Revival Chicago, LLC if no responsive alternative proposals are received; and request authority for the Department of Planning and Development to negotiate a redevelopment agreement with Our Revival Chicago, LLC for redevelopment of the city property plus developer property located at 3506, 3508-16, and 3531-47 S. Halsted Street and to recommend to the City Council of the City of Chicago the designation of Our Revival Chicago, LLC as Developer if no responsive alternative proposals are received. The Ramova Theater has been identified in the Chicago Historic Resources Survey as possessing potentially significant architectural or historic features.
VI. ADJOURNMENT
https://www.chicago.gov/content/dam/city/depts/dcd/agendas/CDC_Dec_2019_Tentative_Agenda.pdf
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