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Support of Class 7(b) tax incentive for property at 2640-2646 W Madison St

Legislation tracker › Economic, Capital and Technology Development

Record number: O2026-0025490
Type: Ordinance; category: Tax Incentives
Status: Final (Passed)
Sponsor: Johnson, Brandon
Committee: Committee on Economic, Capital and Technology Development
Submitted Date: May 20, 2026
Introduction Date: May 20, 2026
Final Action Date: Jun 17, 2026
Official record: Office of the City Clerk

Timeline

May 20, 2026: Referred, City Council. The matter was Referred to Committee.
Jun 11, 2026: Recommended to Pass, Committee on Economic, Capital and Technology Development. The matter was recommended to Pass by controlling legislative body.
Jun 17, 2026: Passed, City Council (49 yea, 0 nay), at the City Council meeting. On motion of Alderperson Curtis, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.

Documents

O2026-0025490 support of class 7b tax incentive for property at 2640-2646 W Madison St.pdf (Committee Letter)
O2026-0025490 EDS_Redacted.pdf (EDS)
O2026-0025490 Exhibit A.pdf (Exhibits)
O2026-0025490 Exhibit B RDA with subexhibits A thru E.pdf (Exhibits)
O2026-0025490 Ordinance.pdf (Legislation)
O2026-0025490 Myr Letter.pdf (Miscellaneous)

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More on Tax Incentives

Support of Class 7(b) Tax incentive for property at 1931-1935 W Madison St, 1950-1956 and 1830-1859 W Adams St, 121 S Damen Ave and 1728,… (O2026-0024099, introduced Mar 18, 2026, Passed)
Support of Class 7(b) tax incentive for property at 1210 W 59th St (O2025-0018800, introduced Jul 16, 2025, Passed)
Support of Class 7(b) Tax incentive for property at 777 W Chicago Ave (O2025-0014844, introduced Jan 15, 2025, Referred)

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