GOV
Ordinance 71601
Second Amended and Restated Tax Increment Financing Redevelopment Plan
Summary
This Board Bill adopts a Second Amended and Restated Tax Increment Financing Redevelopment Plan; approves Redevelopment Projects for RPAs 4, 6, and 8; adopts tax increment financing within RPAs 4, 6, and 8; establishes related sub-accounts of the Special Allocation Fund; and establishes a Strategic Infrastructure for Economic Growth Fund for receipt of up to 10% of TIF Revenues pursuant to Section 99.821 of the TIF Act.
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Overview
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
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10/28/2022
First Reading
Bill text was introduced (1.60 MB PDF).
10/28/2022Referred to a Committee
The bill was assigned to the Housing, Urban Development and Zoning Committee.
11/17/2022Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.
11/18/2022Second Reading
12/01/2022Perfection
The bill was passed.
12/09/2022Engrossment
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.
12/09/2022Third Reading
The bill was passed.
12/09/2022Delivered to Mayor
12/20/2022Mayor Returns Bill
The bill was approved.
12/20/2022Delivered to Register
12/29/2022Register Returns Notice with Ordinance Number
Register returns ordinance number 71601. Effective date is 01/20/2023
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