City of Chicago, IL

09/18/2024 | Press release | Archived content

Expedited Process Proposed for Select Land Sales, Acquisitions

City land dispositions would undergo an expedited sales process through procedural improvements proposed to City Council today through Mayor Brandon Johnson's Cut the Tape initiative.

Intended to streamline neighborhood revitalization initiatives involving the nearly 10,000 parcels of vacant land under City ownership, the proposal would eliminate the City's practice of submitting proposed sales and acquisitions to the Chicago Plan Commission for omnibus approval. It would also limit the Community Development Commission's (CDC) review of land sales to City parcels that were originally acquired through TIF funding or that are being sold for projects to be developed with TIF funding.

Currently, Plan Commission votes on all City land sales and acquisitions via omnibus resolutions, typically five to 10 per meeting. CDC votes on all City land sales and acquisitions in Tax Increment Financing (TIF) districts, typically two per meeting. Neither commission is required by state law or the municipal code to make recommendations regarding City land transactions.

The new procedures would reserve the review and approval process for most sales to City Council, shaving weeks off typical timelines and freeing commission staff for other responsibilities.

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