FOLLOW on SOCIAL MEDIA

More TIF Money for the Wealthy

Meeting on Proposed Restoration of Village North Theater

Dear Comrades,

I am writing to invite you to attend a community meeting on a proposal to restore the terra cotta exterior of 6740 N. Sheridan Road (at Columbia), using $200,000 in Tax Increment Finance (TIF) District funding. The meeting will take place on Tuesday, June 3rd, 7:00 p.m., at Loyola University's Mertz Hall, 1125 Loyola Ave., in the Bremner Lounge.

The building houses the Village North Theater, Starbucks and other businesses. Anthony Fox of ADF Capital purchased the property last year and plans extensive interior and exterior renovations. He is evicting the current owner of the Village North Theater, but hopes to keep the theater open after extensive renovations.

Mr. Fox will be on hand to share his plans for the property.

All applications for TIF funding must be approved by the Chicago City Council and the local alderman. I urge you to attend the meeting to share your views on the proposal, which will inform my decision making. If you are unable to attend the meeting, please feel free to share your views with me by replying to this e-mail or calling my office at 773-338-5796.

I look forward to hearing from you.

Sincerely,

Joe Moore