Second amendment to intergovernmental agreement with Public Building Commission regarding allocated tax increment financing (TIF) funds for Chicago projects at 400 W Superior St, 3510 S Michigan Ave, 1769, 1819, and 1869 W Pershing Rd, 4901 S Michigan Ave, Roosevelt and Clark (78 Development), 630 W Harrison St, 10101 S Stony Island Ave and 4711 S Calumet Ave
- Record number: O2026-0027137
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduction Date: Jul 15, 2026
- Final Action Date: Sep 23, 2026
- Official record: Office of the City Clerk
Roll call: Passed Sep 23, 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 Sep 23, 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: O2026-0027137 C.L..pdf. AI can make mistakes; the official document always wins.
This ordinance would approve a second change to an existing master agreement between the City of Chicago and the Public Building Commission. The change would allow tax increment financing (TIF) money to be used for several projects at addresses around the city. The City Council's Finance Committee recommended that the full City Council pass it.
- Approves a Second Amendment to the Master Intergovernmental Agreement with the Public Building Commission.
- Authorizes the use of TIF funds for various listed projects.
- Projects include 400 W Superior St, 3510 S Michigan Ave, 1769, 1819 and 1869 W Pershing Rd, 4901 S Michigan Ave, Roosevelt and Clark (78 Development), 630 W Harrison St, 10101 S Stony Island Ave and 4711 S Calumet Ave.
- The Finance Committee approved it by voice vote with no one voting against on September 14, 2026.
- The committee report, signed by Chairman Pat Dowell, is dated September 23, 2026.
Who: The City of Chicago, the Public Building Commission, and the projects at the listed addresses would be affected by how the TIF funds are used.
Where: Listed addresses in the 3rd, 7th, 12th, 34th and 42nd Wards (ward numbers are partly unclear in the scanned text)
Timeline
- Jul 15, 2026: Referred, City Council. The matter was Referred to Committee.
- Sep 14, 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
- O2026-0027137 Ex A (to Ordinance) - Second amendment to TIF IGA.pdf (Exhibits)
- O2026-0027137 Mayoral Letter.pdf (Miscellaneous)
- O2026-0027137 C.L..pdf (Committee Letter)
- O2026-0027137 Ordinance.pdf (Legislation)
- O2026-0027137 Ex B (to IGA) - Table of TIF Allocation.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)
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