Aldermen on the City Council Committee on Finance approved $17.6 million in tax-increment financing payments (TIF) for Chicago parks on Monday, including $10 million for Riis Park at 6100 W. Fullerton Ave. in the 30th Ward.

Most of the Riis Park funding will go toward “major design and reconstruction” for the park’s fieldhouse (O2021-766), which will be adjacent to Chicago Public Schools’ new Belmont Cragin Elementary school. Construction is set to get underway on the school later this year in advance of opening in fall 2022.