The document proposes establishing a Tax Increment Financing (TIF) district along the Chicago/Main corridor to fund infrastructure improvements, transit-oriented development, open space development, and private development. The proposed TIF district would include mixed-use properties, vacant lots, transportation stations, and eligible properties along Chicago Avenue and Main Street. If approved, the $25 million TIF budget would fund land assembly, site preparation, utilities, rehabilitation, public facilities, and development incentives over 25 years. A timeline outlines the approval process through the City Council by December.