A Chicago City Council committee extended the life of the tax increment financing district by three years until Dec. 31, 2027 and granted the latest development team tackling the formidable project a $27 million city subsidy.
After a spirited debate, a divided City Council agreed Wednesday to spend $1 million to compensate the family of an armed, 26-year-old man shot and killed by police in 2019.
“The sin of the police officer was he turned the body camera off a little too soon. . We should not be paying this family a million dollars,” said Ald. Nick Sposato. But Ald. Chris Taliaferro disagreed: “Either we trust our lawyers or we don’t.”