Committee on Finance meeting agenda: March 13, 2026 — settlements, TIF allocations, housing financing, permit waivers
At a glance
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The Committee on Finance will consider approval of the February 2026 Rule 45 report; proposed settlement orders including two large settlements ($350,000 and $27,000,000); a substitute ordinance to waive certain Public Building Commission permit fees (2026–2031); multiple TIF intergovernmental agreements for park and school improvements (totaling up to $12,150,000 across listed items); housing financing and bond actions for multi-family and senior developments (several actions totaling tens of millions); orders on small claims; and a citywide NAACP charitable solicitation (Tag Day) permit.
Topics discussed
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Key decisions
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- Approve February 2026 Monthly Rule 45 Report for the Committee on Finance.
- Authorize Corporation Counsel to execute two settlement orders: Nikki Yonushatis v. City of Chicago ($350,000) and consolidated Harrell/Myers matters ($27,000,000; $20M City, $7M insurance).
- Consider substitute ordinance authorizing building and facility-related permit fee waivers for the Public Building Commission of Chicago (Jan 1, 2026–Dec 31, 2031).
- Consider TIF intergovernmental agreements with the Chicago Park District for improvements at Avondale Park (up to $5,000,000), Clarendon Park (up to $2,000,000), Hermosa Park (up to $4,250,000), and with the Chicago Board of Education for Carter G. Woodson South Elementary School (up to $900,000).
- Consider Department of Housing ordinances for multi-family financing and housing revenue bonds: Prairie District Apartments (up to $14,872,344), MPC Phase 1 (up to $12,500,000), and Park Manor Senior Residences (up to $15,100,000).
- Consider proposed orders authorizing and denying payment of various small claims against the City.
- Consider proposed order authorizing NAACP charitable solicitation on the public way (citywide Tag Day, April 1–Dec 31, 2026).
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