First amendment to Commercial Avenue tax increment financing (TIF) district redevelopment area regarding issuance of obligations and anticipated equalized assessed valuation
- Record number: O2026-0027129
- Type: Ordinance; category: Tax Increment Financing Districts
- Status: Final (Passed)
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Submitted Date: Jul 14, 2026
- Introduction Date: Jul 15, 2026
- Final Action Date: Sep 23, 2026
- Official record: Office of the City Clerk
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. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.
Documents
- O2026-0027129 C.L..pdf (Committee Letter)
- O2026-0027129 Ex A - Amendment 1 to Commercial Ave TIF Redev Area.pdf (Exhibits)
- O2026-0027129 Ordinance.pdf (Legislation)
- O2026-0027129 Mayoral Letter.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) (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 Tax Increment Financing Districts
- Establishment of Tax Increment Financing (TIF) Neighborhood Improvement Program to provide TIF assistance for Home Repair Program (O2026-0029411, introduced Oct 14, 2026, Referred)
- Fourth amendment to Pilsen tax increment financing (TIF) redevelopment project and plan (O2026-0027139, introduced Jul 15, 2026, Passed)
- Designation of expanded Central West tax increment financing (TIF) redevelopment project area (O2026-0027301, introduced Jul 15, 2026, Passed)
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