Committee on Finance meeting, December 2, 2025
- When: Tue, Dec 2, 2025, 2:00 PM (Chicago time)
- Where: Academy for Global Citizenship, 4942 W 44 St, Chicago, IL 60638
- Status: Scheduled & Published
- Committee: Committee on Finance
- Video: https://vimeo.com/showcase/8928482?video=1142138848
- Transcript: full text (8,362 words, automatic captions)
Meeting notes
AI-written from the transcript. Speakers are inferred from cues in the recording, so treat names as estimates and check the video at the linked time.
The Committee on Finance held a public hearing on expanding Enterprise Zone Two, heard public comments, and received a presentation from the Department of Planning and Development on the proposed boundary changes. Aldermen discussed project phases, funding, and tax implications, and city staff answered questions. The committee then moved to adjourn the meeting.
Topics: Enterprise Zone Two boundary expansion, Public comment on enterprise zone, Funding and tax exemption impacts, Project phases and timelines
Agenda items discussed
- 19:59 Public hearing on Enterprise Zone Two boundary change: discussed
- 24:15 Presentation on Enterprise Zone Two expansion: discussed
- 31:07 Committee Q&A on Enterprise Zone Two expansion: discussed
- 1:06:37 Motion to adjourn: passed
Alderpersons who spoke
- Lamont J. Robinson (chair): Opened the meeting by thanking the principal, police, and community members for attending. (15:45)
- William Conway (chair): Asked where the money for the enterprise zone would come from. (42:36)
- Anthony J. Quezada (alderperson): Moved a motion to allow four aldermen to participate remotely. (19:28); Asked Kyle Brandon about housing phases and timeline for the Leclaire Courts area. (38:50); Thanked Vice-Chair William Conway after the Q&A session. (42:20)
- Michael D. Rodriguez (alderperson): Thanked the chair for convening the meeting. (31:27); Provided details on the phase-zero school and upcoming construction for the Leclaire Courts project. (40:03)
- Derrick G. Curtis (alderperson): Described the water project and timeline for phase-one housing units, expecting occupancy in 2027-2028. (40:03); Answered a question about outreach to former public housing residents. (40:53)
- Gregory I. Mitchell (alderperson): Asked whether an enterprise zone could exist without any pre-existing development prospects. (1:00:55)
- David H. Moore (alderperson): Noted that the Forest City redevelopment would add about $2 million per year to the city tax roll. (1:01:45)
- Marty Quinn (alderperson): Moved to adjourn the meeting. (1:06:37)
- Jeanette B. Taylor (alderperson): Confirmed remote participation for the meeting. (19:41)
- Rossana Rodríguez Sánchez (alderperson): Confirmed remote participation for the meeting. (19:44)
- Jason C. Ervin (alderperson)
- Andre Vasquez Jr. (alderperson)
Exchanges between members
- 39:58 Alderman Anthony J. Quezada asked Alderman Michael D. Rodriguez to answer a question about project phases.
- 40:03 Alderman Michael D. Rodriguez responded with details on phase-zero and phase-one construction.
- 42:20 Alderman Anthony J. Quezada thanked Vice-Chair William Conway after the Q&A session.
- 1:06:37 Alderman Marty Quinn moved to adjourn; Chair Pat Dowell declared the motion passed.