Quote:
Originally Posted by Barrelfish
City is proposing to end some TIFs early. Any thoughts from this group? Some are noted as having finished their goals early, but others seemed to have failed or died out. The 5 are: - Read Dunning
- Ravenswood
- Calumet/Cermak
- Weed/Fremont
- Drexel Boulevard
(Mods, sorry if this is the wrong thread - feel free to move)
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This is pretty development-related, I'd argue it should stay.
Especially because it seems like a sacrificial lamb that Rahm is offering up to appease TIF critics, in order to get his desired new TIFs at Lincoln Yards, The 78 and Michael Reese site.
Of course, it will please nobody since it will return less than $20M to the general funds of CPS, City of Chicago, Park District, MWRD etc. A drop in the bucket for any of those agencies.