Rahm Emanuel TIF Reform Team: Carole Brown, Laurence Msall, Others Named

05/19/2011 05:51 pm ET | Updated Jul 19, 2011

Fulfilling a campaign promise, Mayor Rahm Emanuel today impaneled a committee to study the effectiveness of the special property tax districts that proliferated around Chicago under former Mayor Richard Daley.

The committee, chaired by investment banker Carole Brown, will have three months to produce a report setting standards for what constitutes a successful tax increment financing district, Emanuel said.

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