The following T.I.F.-related documents for each active T.I.F. district shall be made publicly available on the Department’s website:
1. The ordinances establishing each T.I.F. district, including all attachments, and any amendments thereto;
2. The ordinances authorizing each T.I.F. redevelopment agreement, including any attachments, any amendments thereto and accompanying Economic Disclosure Statements;
3. Written staff reports presented to the Community Development Commission related to T.I.F.- funded projects;
4. T.I.F. overviews prepared by the Department and annual reports prepared pursuant to 65 ILCS 5/11-74.4-5(d);
5. City-issued Certificates of Completion and any required annual employment certifications prepared pursuant to T.I.F. redevelopment agreements.
All such ordinances as described in (1) and (2) above shall be made available on the City of Chicago website within seven business days of their publication in the Journal of the Proceedings of the City Council of the City of Chicago. All such documents as described in (3), (4) and (5) above shall be made available on the Department’s website within fourteen business days of their completion in final form.
The T.I.F. documents described above for T.I.F. districts established from and after July 30, 2004 will similarly be made available by July 30, 2009.
The Department of Housing and Economic Development shall create and maintain an online and searchable database for public consumption on the City of Chicago Data Portal for every private project funded by any active TIF district starting with fiscal year 2009 in the City of Chicago within one year of the issuance of a final certificate of completion. The database shall be made available by July 1, 2014. The database shall include the following information:
1. Project location by address and ward
2. Total budget of project approved by City Council
3. Total TIF subsidy
4. Total TIF subsidy as a percentage of project budget approved by City Council
5. Date of approval by the Community Development Commission
6. Date of issuance of the final certificate of completion
7. Jobs covenant, if applicable
8. Compliance with jobs covenant during the first year after the issuance of a final certificate of completion
9. Compliance with MBE/WBE and City residency commitments, if applicable
10. Pre-development property tax due for the PINs listed in the redevelopment agreement, in the year prior to the date of approval by the Community Development Commission
11. Post-development property tax generated due for the PINs listed in the redevelopment agreement, in the third year after the issuance of a final certificate of completion
12. Affordable housing units completed, if applicable
13. For projects approved by the Community Development Commission after the date of enactment, green matrix (sustainable) requirements, if applicable.
(Added Coun. J. 11-17-10, p. 106597, Art. IX, § 1; Amend Ord. 7-24-13, p. 57328, § 1; Amend Coun. J. 11-26-13, p. 67481, Art. I, § 2; Amend Coun. J. 11-14-18, p. 90308, Art. I, § 23)