# Third amendment to Chicago/Central Park tax increment financing (TIF) district redevelopment project area regarding obligation and completion of redevelopment plan

[Legislation tracker](https://www.chicagopolitics.org/tracker) › [Finance](https://www.chicagopolitics.org/committee/finance)

- Record number: **O2026-0027127**
- Type: Ordinance; category: Tax Increment Financing Districts
- Status: Final (Passed)
- Sponsor: Johnson, Brandon
- Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance)
- Submitted Date: Jul 14, 2026
- Introduction Date: Jul 15, 2026
- Final Action Date: Sep 23, 2026
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=E3ADDE0B-C07F-F111-AB0E-001DD80F46AC)

## Timeline

- Jul 15, 2026: Referred, City Council. The matter was Referred to Committee.
- Sep 22, 2026: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
- Sep 23, 2026: Passed, City Council (50 yea, 0 nay), at the [City Council meeting](https://www.chicagopolitics.org/meeting/5F86622E-F485-F111-AB0E-001DD80ED7AA). On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.

## Documents

- [O2026-0027127 C.L..pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/7bd39b5b-5015-468f-a2dd-70b18fc4b85a.pdf) (Committee Letter)
- [O2026-0027127 Ex A - Amendment 3 to Chicago\_Central Pk Redev Area.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/8309c289-54b2-44c1-97c2-3035dcd53711.pdf) (Exhibits)
- [O2026-0027127 Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/4fa1e388-47ee-449f-b234-b92d9e1accbf.pdf) (Legislation)
- [O2026-0027127 Mayoral Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/580796a3-ee07-447f-80fa-15d70964b483.pdf) (Miscellaneous)

## Related legislation

**More from Johnson, Brandon**

- [Executive Order No. 2026-7 (Senior Bill of Rights and Establishing the Mayor's Office on Aging)](https://www.chicagopolitics.org/matter/F2026-0029547-executive-order-no-senior-bill-rights) (F2026-0029547, introduced Dec 8, 2026, Placed on File)
- [Issuance of general obligation bonds (2027-2028 General Obligation Borrowing Ordinance)](https://www.chicagopolitics.org/matter/O2026-0029650-issuance-general-obligation-bonds-general-obligation) (O2026-0029650, introduced Oct 21, 2026, Referred)
- [Fiscal Year 2027 Budget Recommendations](https://www.chicagopolitics.org/matter/O2026-0029642-fiscal-year-2027-budget-recommendations) (O2026-0029642, introduced Oct 21, 2026, Referred)

**More on Tax Increment Financing Districts**

- [Establishment of Tax Increment Financing (TIF) Neighborhood Improvement Program to provide TIF assistance for Home Repair Program](https://www.chicagopolitics.org/matter/O2026-0029411-establishment-tax-increment-financing-tif-neighborhood) (O2026-0029411, introduced Oct 14, 2026, Referred)
- [Fourth amendment to Pilsen tax increment financing (TIF) redevelopment project and plan](https://www.chicagopolitics.org/matter/O2026-0027139-fourth-pilsen-tax-increment-financing-tif) (O2026-0027139, introduced Jul 15, 2026, Passed)
- [Designation of expanded Central West tax increment financing (TIF) redevelopment project area](https://www.chicagopolitics.org/matter/O2026-0027301-expanded-central-west-tax-increment-financing) (O2026-0027301, introduced Jul 15, 2026, Passed)

Sources and methods: [how we get and count this data](/about#methods) · [report an error](/about#corrections)

---
Source: https://www.chicagopolitics.org/matter/O2026-0027127-third-chicago-central-park-tax-increment · Chicago Politics, an independent tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt