Intergovernmental agreement with Chicago Park District to provide tax increment financing (TIF) assistance for improvements at Hermosa Park at 2240 N Kilbourn Ave
- Record number: O2026-0023327
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduction Date: Feb 18, 2026
- Final Action Date: Mar 18, 2026
- Official record: Office of the City Clerk
Roll call: Passed Mar 18, 2026
49 yea, 1 nay. This was a divided vote. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of Mar 18, 2026.
Nay (1): Raymond A. Lopez (15)
Yea (49): Daniel La Spata (1), Brian Hopkins (2), Pat Dowell (3), Lamont J. Robinson (4), Desmon C. Yancy (5), William E. Hall (6), Gregory I. Mitchell (7), Michelle A. Harris (8), Anthony Beale (9), Peter Chico (10), Nicole T. Lee (11), Julia M. Ramirez (12), Marty Quinn (13), Jeylú B. Gutiérrez (14), Stephanie D. Coleman (16), David H. Moore (17), Derrick G. Curtis (18), Matthew J. O'Shea (19), Jeanette B. Taylor (20), Ronnie L. Mosley (21), Michael D. Rodriguez (22), Silvana Tabares (23), Monique L. Scott (24), Byron Sigcho-López (25), Jessica L. Fuentes (26), Walter R. Burnett (27), Jason C. Ervin (28), Chris Taliaferro (29), Ruth Cruz (30), Felix Cardona Jr. (31), Scott Waguespack (32), Rossana Rodríguez Sánchez (33), William Conway (34), Anthony J. Quezada (35), Gilbert Villegas (36), Emma Mitts (37), Nicholas Sposato (38), Samantha Nugent (39), Andre Vasquez Jr. (40), Anthony V. Napolitano (41), Brendan Reilly (42), Timothy R. Knudsen (43), Bennett R. Lawson (44), James M. Gardiner (45), Angela Clay (46), Matthew J. Martin (47), Leni Manaa-Hoppenworth (48), Maria E. Hadden (49), Debra L. Silverstein (50)
Plain-language summary
Written by AI (@cf/openai/gpt-oss-120b) from the ordinance text only: O2026-0023327 C.L..pdf. AI can make mistakes; the official document always wins.
The City Council is being asked to approve an agreement that lets the Chicago Park District use up to $4.25 million in tax-increment financing from the Northwest Industrial Revitalization District to improve Hermosa Park at 2240 N. Kilbourn Ave. The Finance Committee voted to recommend the ordinance, with one dissenting vote.
- Intergovernmental agreement between the City and Chicago Park District.
- Funds come from the Northwest Industrial Revitalization District.
- Up to $4,250,000 in tax-increment financing (TIF) would be used.
- Purpose is to improve Hermosa Park at 2240 N. Kilbourn Ave.
- Finance Committee recommended passage; one alderman voted against it.
Money
- $4,250,000 – tax-increment financing for Hermosa Park improvements
Who: The Chicago Park District, the Hermosa Park neighborhood, and the City of Chicago are affected.
Where: Hermosa Park, 2240 N. Kilbourn Ave, Chicago (Northwest Industrial Revitalization District)
Timeline
- Feb 18, 2026: Referred, City Council. The matter was Referred to Committee.
- Mar 13, 2026: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
- Mar 18, 2026: Passed, City Council (49 yea, 1 nay), at the City Council meeting. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.
Documents
- O2026-0023327 Ordinance.pdf (Legislation)
- IGA Parks - Mayoral Letter.pdf (Miscellaneous)
- O2026-0023327 C.L..pdf (Committee Letter)
- O2026-0023327 Ex A.pdf (Exhibits)
Related legislation
More from Johnson, Brandon
- Executive Order No. 2026-7 (Senior Bill of Rights and Establishing the Mayor's Office on Aging) (F2026-0029547, introduced Dec 8, 2026, Placed on File)
- Issuance of general obligation bonds (2027-2028 General Obligation Borrowing Ordinance) (O2026-0029650, introduced Oct 21, 2026, Referred)
- Fiscal Year 2027 Budget Recommendations (O2026-0029642, introduced Oct 21, 2026, Referred)
More on Agreements
- Intergovernmental agreement with Chicago Transit Authority (CTA) and Cook County for allocation of Motor Fuel Tax (MFT) funds for Year 2027 (O2026-0029647, introduced Oct 21, 2026, Referred)
- Intergovernmental agreement with Chicago Board of Education to provide tax increment financing (TIF) assistance for improvements at… (O2026-0028743, introduced Sep 23, 2026, Passed)
- Intergovernmental agreement with Chicago Board of Education to provide tax increment financing (TIF) assistance for improvements at Suder… (O2026-0028745, introduced Sep 23, 2026, Passed)
Sources and methods: how we get and count this data · report an error