The City Council of Chicago approved an ordinance to amend an existing intergovernmental agreement between the City and the Chicago Park District. This amendment reallocates an additional $200,000 from the Lawrence/Kedzie Redevelopment Project Area's Tax Increment Financing (TIF) increment to the Park District. This increases the total TIF assistance for improvements at River Park to $950,000. The original authorization in 2021 was for $750,000. The funds will be used to pay or reimburse the Park District for certain project costs.