SPRINGFIELD – An initiative that will help spur redevelopment of a key piece of industrial property in Chicago Ridge will become law after state legislators voted this week to override the governor’s veto of the plan.

The measure, sponsored by State Senator Bill Cunningham, prohibits land owners from disconnecting their property from a municipality if the land is contained within a tax increment financing district.

The current owner of the long-abandoned Yellow Freight trucking yard on Harlem Avenue wants to disconnect from the city’s TIF district, but a developer looking to rehabilitate the 90-acre property wants to utilize the benefits of the TIF district.

“This bill will stop the current owner of the property from scuttling the Chicago Ridge economic redevelopment plan for the property and the entire Harlem Avenue corridor,” Cunningham said.

Democrats and Republicans in the Senate voted Wednesday to override the governor’s veto. The House voted to override the veto on Nov. 14.

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