Intergovernmental agreement with Chicago Board of Education to provide tax increment financing (TIF) assistance for improvements at Irvin C. Mollison Elementary School at 4415 S Dr. Martin Luther King Jr. Dr

Votes › Finance

• Record number: O2026-0024869
• Type: Ordinance; category: Agreements
• Status: Final
• Sponsor: Johnson, Brandon
• Committee: Committee on Finance
• Introduction Date: Apr 15, 2026
• Final Action Date: May 20, 2026
• Official record: Office of the City Clerk

Roll call: Passed May 20, 2026

50 yea, 0 nay. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of May 20, 2026.

Yea (50): 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), Raymond A. Lopez (15), 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 (claude-opus-5-5) from the ordinance text only: O2026-0024869 C.L..pdf. AI can make mistakes; the official document always wins.

This is a report from the City Council's Committee on Finance about an ordinance that would let the City sign an agreement with the Chicago Board of Education. Under the agreement, the City would provide tax increment financing (TIF) money for improvements at Irvin C. Mollison Elementary School. The committee recommended that the full City Council pass the ordinance.

• The ordinance would authorize an intergovernmental agreement between the City and the Chicago Board of Education.
• TIF funds would pay for improvements at Irvin C. Mollison Elementary School.
• The document includes a 'not to exceed' funding cap, but the amount cannot be read in the scanned text.
• The Committee on Finance recommended passage by a voice vote of members present.
• The report is dated May 20, 2026, and signed by Committee Chairman Pat Dowell.

Who: The Chicago Board of Education and the students and staff of Irvin C. Mollison Elementary School are affected by this TIF funding agreement.

Where: Irvin C. Mollison Elementary School, 4415 S. Dr. Martin Luther King Jr. Drive, Chicago

Timeline

• Apr 15, 2026: Referred, City Council. The matter was Referred to Committee.
• May 18, 2026: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
• May 20, 2026: Passed, City Council (50 yea, 0 nay), at the City Council meeting. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.

Documents

• O2026-0024869 Exhibit A.pdf (Exhibits)
• O2026-0024869 Mayoral Letter.pdf (Miscellaneous)
• O2026-0024869 Ordinance.pdf (Legislation)
• O2026-0024869 C.L..pdf (Committee Letter)

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• 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)

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