Good afternoon, everyone the meeting of the committee on
economic having technology developments call to order the
novel roll, call to establish Quorum. Please note that your
present response will be deemed a. Yes, vote, when the corn
cobs used as a reference note for later miss, when you
also, please call the roll.
Turn.
German Diego, vice-chair Mosley.
Other.
Alderman laspada.
Auburn.
Alderman Hall.
All.
Alderman Mitchell.
Alderman, Chico.
Alderman, Alderman. Leave
Older women with the address Alderman Lopez.
All the woman's.
Call the woman.
Alderwoman Cruz.
Alderman, Cardona.
Alderman waguespack.
all the
older woman Miss
alderman.
Alderman, Napolitano Reilly.
Alderwoman might not happen more.
Laser.
Blazing blazing General, we have a quorum colleagues, all
the women at the lightest as requested to participate. In
today's meeting remotely under rule 59, due to personal
illness. Can I get a motion to allow Auto in Tavares, to
participate? Remove remotely old woman leave. Makes that
motion on all those in favor of motion allowing other
woman. That has participated today's meeting remotely.
Please say, I
Right. Sink is participants permitted to participate
remotely today and we will Mark ultimate them out as his
present on the corner.
I've
I bet.
I've been informed that 0 has signed up for public park
public comment when they leave within a clickable or
provisions of sergeant-at-arms protocol. Also, we have
received zero written comments. The first order of business
is approval of the September 2023 monthly report, which all
members of the committee should have received. Are there
any questions or comments from the committee members
regarding this report?
Signal hands. May have a motion to recommend approval of
the September 2023 monthly report for the same roll. Call
vote was applied to a true corn Alderman, mitzel moves, you
know, directions to order.
I'd
Item.
Items, one through three of the agenda or series of
appointment. Sorry appointments, two very special service
areas introduced by me or Johnson during the June 21st,
2023 and September 14th. 2023 city council meeting the
following individuals are being considered before the
committee. The appointments of Timothy, Timothy clumped
SSA, number 18, North Halsted commission, located on 44th
and 46th ward reappointment of Elizabeth, bi-fold, to SSA
number 18, North Halsted commission, located at 44th and 46
Wards appointment of Alejandro Florez the SSA number.
The.
3, Southwest business growth Erie commission, located in the
13th. 14th, 15th, 16th 17th and 23rd Wards at this time.
Mark Roshan assistant commissioner with the Department in
planning and development available to answer any questions.
30 questions from the members to mark.
All right signal, no question. No hands raised to e c DTD
committee has confirmed the support or non objection from
the following council members as it pertains to
appointments every appointment within their respective
impacted Ward's, Alderman Lawson alderwoman clay Alderman.
Quinn, Alderman, guiteras Alderman, Lopez alderwoman
Coleman Alderman, more in order woman. Tavares, most
commissioner candidates were unable to appear for today's
meeting her around the support of their appointments. Andre
appointments as well.
At this time, with any of the members of the committee or
council members like to make a statement or ask any
questions, any questions from the members regarding the
appointments Andre appointments, right? Sing none.
None of you.
None of the appointees are we appointees are here today to
present or like to make a statement. At this time, we have
a motion to recommend approval, the appointments, and
reappointment by the same roll call vote, as was applied to
determine quorum.
How do I?
I'll do admit some moves or no directions to order to do
pass recommendation of the appointments and reappointment
will be reported out at the next city council meeting.
And the appointed to reappoint these. Congratulations on
your confirmation. Since you're not here, you won't be
seeing us at work that the CSI not on the city clerk's
website item for on the agenda is an ordinance to approve
the issuance of a Class 6 B, Texas Center for property
located at 3340. North Kedzie Avenue in support of the item
and will be available to answer any questions.
Terrence.
Thank.
Thank you, German.
Good.
Good morning, show me the ages and members of the committee
on economic capital and Technology development for the
record. My name is Terrance Johnson assistant, commissioner
of the Department of planning and development. And also
joined today by Jack tappin mites attack it, support of
Revolution Brewing and Robert Louis Art of Wisconsin, tell
us all representing the development team. I'm here today to
request for approval of an Ardent supporter. A classic be
probably tax incentive renewal for Kenzie Brewing LLC for
the property located at 3340. North Kedzie.
The project site is located at 35th Ward within the Avondale
Community area, ottoman ramirez-rosa has provided a letter
of support for the project.
Isn't.
Here's an aerial view of of the site which is on Kedzie and
Roscoe. Just off the Kennedy Expressway circled in red on
the map.
Stop.
Slideshows, current conditions of the building in
Revolution Brewery.
Yep. It recently purchased the property in 2022 after
renting, its current location up for nearly a decade.
Yeah.
The update currently share space with Garrett's Popcorn and
now subleases that's paste to Garrett's as well.
There.
Derek.
They're expected. Dates are is expected to move out in 2024
and the developer plans to start on improvements of that
space to expand their current operations from its total 1.4
million and exterior improvements to the dock. Demolition
of dilapidated, interior walls and old bathrooms, and
office and HVAC improvements. In addition revolution has
installed solar panels on the building as well.
The project.
President.
grudge against
President. Since the phone. This is intended to be funded,
through a mix of equity solar credits from the installation
of the panels and Tiff dollars through a small business
Improvement fund.
Yeah.
The African and just apply for Tif funds when the Kennedy
Kimball small business, Improvement fund application, open
in October of this year.
Yes.
Just made it to of your texting. It to the applicant is
estimated to be 1.8 million dollars of which the city share
that is $426,000.
Dpd is in support of this project that will assist in the
continued growth of a chicago-based business. The project
will bring approximately 1.4 million in investment to the
Avondale Community area and retained 76 jobs.
Thank you.
Thank you for your favorite consideration of this request,
as well as the members of the development team are happy to
answer any questions. The committee may have
Thank.
thank you Terrance before we move on a bike knowledge,
Alderman Hall. Logan Martin, who's not on the comedian
Alderman. Burnett Bryson Burnett was not on the committee
in attendance. Are there any questions from the members?
Is.
Is the development team here with the owners of revolution.
Thank.
Thank you. Turn question to the developer Revolution team.
Could.
Could you turn could you put up that slide as relates to
the savings?
You.
Investments. 1.4 million.
and,
And the tax savings.
What?
1.8 million correct to text savings to the to the applicant
is 1.847 million.
Or.
Herb.
Or 1.4 million dollar investment.
Cry.
Correct in the retention of 76 jobs and creation of 5,
correct out. Sounds like a perfect mix in my opinion but
you're just a beer together going to be done. Is there any
opportunity for minority women? Own veteran-owned
businesses to perform to work? Or is that something that
you've already?
There's a lot.
There's a lot of opportunity the are preferred. General
contractor is MB certified that is that all the previous
work at Revolution as well. None of the work has been
contracted to date not you. Who said form, if you don't
mind Helios construction Helios design-build living that
way.
so, I could
Could you identify yourself? The record? My name is Joshua.
And I'm the manager of the LLC from any members.
Cartwright's sing all the questions for the members. May
have a motion to recommend passive. This item by the same
roll call with apply to establish quorum.
Almond.
Call me Colonel Solo's hearing no objections. So ordered,
thank you. Thank you. I don't have a fight on. The agenda
is an ordinance to approve the issuance of a Class 6 tax
Class, B Class, 6 tax incentive for property located at
4003 to 4057 South, normal street, and 432 to 458 West 41st
Street. Terrance Johnson, such a commission Department of
planning and development is here to present in support of
the item and will be available to answer any questions or
woman leaves. Also present to comment on this matter. But
before we do that Terrance, I'm also identify how to make a
Terrace for purposes of Quorum just release some of the
members of the development team are available to answer any
questions that are here.
timer for
Connor Perez, Michael hope, and Mary George's for the
attorney.
Good afternoon, Michael Varela project manager with the
Department of planning and development and I'm doing here
by my hope and Conrad Perez of Michael Express and cpmh
construction who represented the application or have a good
team. I'm here today to request the approval of an
ordinance supporting class, 6p property, tax incentive for
Michael Express, LLC, for the purposes of constructing, a
30,000 square-foot Warehouse building at 4003 to 57 South
Normal Avenue.
That the project is located in the 11th. Ward within New
City, community area Alderman. Lee has survived the letter
of support for this project.
and,
And here is an aerial view of the site which is at the
intersection of normal and 41st Street.
The.
The sites are the current condition of the site to 3.4,
acre piece of property that was previously owned by the
city of Chicago and convey to the applicant in August of
2018.
The applicant Michael Express, LLC is an entity created to
develop the site and they plan to construct a 30,000
square-foot Warehouse, 2770 2000 square foot in a bios.
Well and 35 parking spots of the property is cpmh
construction or an affiliate identity of the applicant cpmh
Construction.
is the
Is there?
Is certified MBE and initialize a commercial and industrial
buildings. They currently employs 25 people and expect to
add an additional 20 jobs as part of this project.
Nepal.
The product is exactly cost approximately 3.3 million
dollars is being financed through traditional debt and
Equity, 24% equity, and 76% of the estimated 12 year, on
Net Present Value tax savings is 864109 dollars and see
Shares are approximately 199000 to 82. Through the net text
benefit to all taxing districts is $574,492
show.
Shown here is a rendering of the completed project.
Construction is actually well underway with over 90% of the
project completed and remaining work to be completed within
the next two to three months.
DVD.
DVDs of support this project as it will bring more than 3.2
million dollars in new investment and I retain the
successful. Emby Elight construction business with 25 jobs
and initially had 20 new positions to the new City
community. And I just wait at the 60 supports the
Redevelopment of formerly city-owned land into productive
tax-paying use, as I said, previously only offer letter of
support this project and we thank you for favorable
consideration of the request and my cell phone number. The
development team were happy answer. Any questions you may
have
Thank you, German. I introduce this song and full support
and I think this is been a long time coming like just said,
the building is very far along its way already. I think
they've shown more than enough commitment to being in the,
in the ward, in investing in it, which I appreciate a 3.3
million dollars is not a small thing and then 20 additional
jobs that it'll bring are very welcome and it's especially
in an area that was underdeveloped to begin with. I also
want to say that I know them to be, I know them to be great
supporters of the community, they have on their own stunts,
things like sun street sweepers out to clean the streets of
their own dime. And their own equipment. So they've been
great neighbors while they've been operating in the ward
and doing business in their well-known to the community.
And I asked the committee's favorable
What?
Whatever.
What are am I? Thank you. Sorry. I have not, I switch to
see. I should have stuck to Coffee. Sorry, Sherman support
for this 6p. Thank you, questions or comments from the
members of the committee.
Are.
All right.
Is it?
Is this the ottoman b? A m b e farm. That was used here.
There's a firm. You was going to keep the existing from
what was the name of the MD to CMH construction. They are
building a project and not buying it themselves.
Thank.
Thank you, you guys did the team here. Good afternoon, my
name is Conrad construction and also part owner of Miko.
If you.
TPMS construction and Nico sounds like a great project. The
fact that we continue to have people invest in the city and
really signals that open for business. So thank you for the
investment in the city and looking forward to seeing you
flourish in this great city of ours. Thank you very much.
May I have a question, I have a motion to recommend passing
this item by the same role call as was apply to establish
quorum.
Cotton worth makes the motion hearing no objections, so
ordered.
I don't.
Adam 6 on the agenda as an ordinance to approve, the
issuance of a Class 6 6B tax incentive for property located
at 2717 to 2057 West Chicago Avenue Terrance Johnson
Department of Planning and Development, represents support
of the item and will be available to answer any questions.
Addition.
I just read some of the members of the development team are
available to answer. Questions. Jerry Siegel owner and Mara
Georges attorney.
Determines.
Good afternoon, Tim of the ages and members of the
committee on economic capital and Technology development.
For the record. My name is Terrance Johnson assistant,
commissioner of the Department of planning and development.
And also joined today by Jerry Siegel of Midway Moving and
Marv George's of George's in a Wiki with both representing
the development team and here today to request the approval
of an orionid, supporting a classic be texting Center.
Midway Moving and Storage for the property located at 2717
and 2757 West Chicago Ave.
The pro.
The price.
The project site is located in the 36th. Ward within the
West Town community area Villegas is supportive of the
project.
Is an aerial view of the site which is on Chicago Avenue in
Fairfield park by the red pin.
This.
This slide shows the current condition of the site. And
where Midway Moving is currently operating
Yeah.
Yep. Kim intends to repurpose 38,000 square feet of
interior, space of his existing facility into storage
lockers, for both residential and Commercial users will
also continue to contain Moving and Storage relocation
services, along with document destruction and Records
Management Services.
If?
The project will be funded with with borrowed funds,
including the heart calls are elevator and sprinkler system
improvements along with the locker storage systems.
Yes, I made it 12 years savings to the applicant is 1.2
million dollars with the shares with the city's share of
that being 278000.
Deep.
Dpd is in support of this project that will assist in the
continued viability of a local business that has been
operating for over 30 years. The project will create 29 new
full-time jobs, over 5 years and bring approximately 5.3
million in investment to the West Town community area.
Thank.
Thank you.
Thank you for your favorable consideration of this request,
as well as members of the development team are happy to
answer any questions. You may have. Thank you Terrance.
We have here, Jerry Siegel the owner and Mary George is
here for any question. Any questions from members of the
committee?
Lights.
Vice mayor, Robert. Thank you very much, mr. Chairman, not
a question, just a comment. This is a great business on the
westside been on the west side for a long time. One of the
things I like about this organization, they hire returning
citizens, they they do a great job and the community. As
you know, this is the company that, that has in the past,
done things with chaa movement, things to see AJ. They also
have done things with the board of that Board of Elections,
and of course, is the Chicago Bulls. But this is a great
organization and they do a lot of a Shredding Events. All
across the city of Chicago, which people are lined up to
get rid of their documents.
and I know,
And I know where this building is cuz of course that used
to be in my ward, maybe 20 years ago. And, and since that
time this area has been gentrify tremendously, the property
values have gone up the taxes, have gone up and whatever
incentive that he can get, his is beneficial and also has a
big building large building and he has kept it up. I'm more
than most of the other buildings in the area so I support
this. One did not command you mr. Chairman you're blessed
to have a Jerry's business in your would like to
acknowledge also ottoman Mitchell for purposes of corn
Mets. I want an echo in Burnet sentiment about
Nick.
Midway Movers company from the time that I've been in
office. I just see the trucks rolling around all the time
that I've been opportunities where it helped out with the
events that we was hosting, or we had to carry equipment.
And just last Saturday, we get a shred event, which I
didn't know what soap opera was very popular among
community of some looking in shred those documents and
recently went to help with relocating families who was
destroyed in the flood and trying to assist. So it's a
company with a good, not just your ward.
Family business by being a good neighbor, a good neighbor
to the city of Chicago, I would say hi. And if anyone
deserved to get her and send it to I-70 would be midway
movies, and thank them for all the work that they do to
help us when we are in need of that help. And for
continuing to hire the ex-offenders to come in and able to
do the work and seeing through giving them the second
chance. So thank you. And I want to get my boyfriend saying
I supported my wireless. Thank you.
The other members on.
The other members of the committee.
Just to remind you the chair, that is a substitute
ordinance. So we have to read that in
Never.
We have a motion to accept the substitute all the Baldwin
B, except to substitute notes. Thank you, Terrance. And
having all that, all in favor of accepting to substitute,
please say, I thank you. I would be remiss if I didn't
mention just recently taken up the area as well and having
benefited from some of the Shredding Events. And and this,
the first thing I'm Mister seegar Dimension. Hey, you know,
you're new to the area, which I am, you know, he provides
the service to all the words inside would I would, I would
encourage my colleagues to reach out and talk with mr.
Siegel, to see if there's an opportunity to provide the
shredding event. It is a very popular event for residents
and recycling events as well. But