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Posts Tagged ‘ TIF ’

2nd Ward Alderman Talks About His Budget “No” Vote

By Joshua Mellin
December 14, 2009

It has been more than two weeks since the City Council approved Mayor Richard M. Daley’s $6.1 billion budget, but the questions about Chicago’s fiscal future will only get tougher, according to Ald. Robert Fioretti (2nd). From the Skyway to the controversial parking meter lease, the city has sold assests while looking for other...
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Proposed City Budget Cuts Small Business Support

By Curtis Black of Community Media Workshop
November 23, 2009

By Curtis Black, Newstips Editor, Community Media Workshop With neighborhood economic development groups objecting to a major reduction in city funding at a time of growing job loss, 22 aldermen have submitted a resolution ordering the Mayor’s Office of Budget and Management to restore the funds in the city’s proposed 2010 budget. The resolution...
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Uptown residents continue battle after judge throws out Fix Wilson Yard suit

By Editor
July 1, 2009

By Jeffrey Biertzer July 1, 2009 – Fix Wilson Yard, a group of community members who oppose the current plans for the Wilson Yard Redevelopment Project in Uptown, will continue their battle with the City of Chicago after an appellate judge recently ruled against their lawsuit filed last December, citing statutes of limitations. In...
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City of Chicago providing $6 million for MillerCoors

By Steven Schnarr
March 16, 2009

Story By Steven Schnarr March 16, 2009 – On March 10, the Community Development Commission of the City Council approved support for MillerCoors Brewing Co. to move the company headquarters to Chicago. The commission unanimously voted in approval for $6 million in Tax Increment Financing (TIF) to MillerCoors for renovations of the building at...
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