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$409,328 Budget and Management Agreement for Oak Street Special Service Area #75 Approved

  • When: 2025/11/14
  • Address: Oak Street, Chicago, IL
  • City: Chicago
  • State: IL
  • Category: Economic Development Incentives
  • Subcategory: Special Improvement Districts
  • Asset Class: Commercial
  • Property Type: Retail
  • Size (Dollars): $409,328

The Chicago City Council has approved the scope of services and a $409,328 budget for Special Service Area No. 75, the Oak Street district. This decision authorizes the 2025 tax levy to fund the area's 2026 budget. The Oak Street Council is designated as the Service Provider, responsible for administering services aimed at enhancing the commercial district. Key funded activities include customer attraction, public way aesthetics, economic and business development, and public health and safety programs. The ordinance formalizes the management agreement between the city and the Oak Street Council for a one-year term.

Source

Applicant - Oak Street Council


Gina Caruso