Walkin' On TIF Sunshine

2009_02_14_ald.jpg
Ald. Flores (left) and Ald. Waguespack (right)
The public has always been in the dark, it seems, about TIFs, the way they are used to pay for city improvement projects and the beneficiaries. Therefore we’re thrilled to hear about a new “TIF Sunshine” ordinance being proposed in the City Council. Wicker Park Aldermen Manny Flores (1st) and Scott Waguespack (32nd) submitted an ordinance - now backed by 22 council members including senior Alderman Bernard Stone (50th) - that would force city government to post all TIF documents, from weekly payroll filings to annual reports, on a city-funded website. The pair argued that the benefits of the service, in terms of time and transparency, far outweigh the small costs of the endeavor. Check out the ordinance here [PDF].

According to the Reader's Mike Dumke:

To access TIF records currently, Waguespack said, aldermen, affected businesses, and other members of the public have to dig through hundreds of pages of council journals or send in Freedom of Information requests. He argued that there's no excuse for making the information more accessible. “The technology clearly exists,” he said. “This shouldn’t be an issue.”

Flores, 37, is the city’s youngest alderman, and sits on the City Council Committee on Economic, Capital and Technology Development. He says the increased transparency could save the city from another Republic Windows and Doors fiasco - the city lost $9.5 million in TIF benefits when the company abandoned the city in December - while bringing the city closer to a digitized future.

Post by Kate Gardiner

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Comments (8) [rss]

Those two pictures side by side make it look like Ald. Waguespack is a giant.

"now backed by 22 council members"
where did you find this and how can we see the list?

Is there a listing of which aldermen have already signed on to support this proposal?

I heard this straight from Scott Waguespack; I'm gonna call over there and see if he has a formal list somewhere he'd be willing to share.

Kate

HEAR HEAR! Finally something progressive in this city that has nothing to do with banning livers.

Well, that's the last time I'll see a plow in my neighborhood. Thanks, Manny.

(Actually, this is awesome.)

Daley will get at least 26 alderman to oppose it!
Guaranteed!
He doesn't want us to see what happens with the TIFs, they're his private piggy bank & slush fund for the Olympics!

I'm afraid Scooter will be right. I want to see a list too. I'll be amazed if my Daley-appointed career alderman is for this. Anyone who opposes this is basically telling their constituents, "we want to divert hundreds of millions of dollars in property taxes away from schools and parks and use it instead for alderman pet projects that fund private development and keep us beholden to our Daddy Daley ... and we don't want you to know any details."

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