Redevelopment agreement with and issuance of financial assistance to The Ave SW LLC for acquisition, construction and equipping of building at 3601-3625 W Chicago Ave
- Record number: SO2024-0012440
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduced: Sep 18, 2024
- Final action: Oct 9, 2024
- Official record: Office of the City Clerk
Roll call: Passed Oct 9, 2024
48 yea, 0 nay, 1 absent. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of Oct 9, 2024.
Yea (45): Daniel La Spata (1), Brian Hopkins (2), Pat Dowell (3), Lamont J. Robinson (4), Desmon C. Yancy (5), William E. Hall (6), Gregory I. Mitchell (7), Michelle A. Harris (8), Anthony Beale (9), Peter Chico (10), Nicole T. Lee (11), Julia M. Ramirez (12), Marty Quinn (13), Raymond A. Lopez (15), Stephanie D. Coleman (16), David H. Moore (17), Derrick G. Curtis (18), Matthew J. O'Shea (19), Jeanette B. Taylor (20), Ronnie L. Mosley (21), Michael D. Rodriguez (22), Silvana Tabares (23), Monique L. Scott (24), Jessica L. Fuentes (26), Walter R. Burnett (27), Jason C. Ervin (28), Chris Taliaferro (29), Ruth Cruz (30), Felix Cardona Jr. (31), Scott Waguespack (32), William Conway (34), Gilbert Villegas (36), Nicholas Sposato (38), Samantha Nugent (39), Andre Vasquez Jr. (40), Anthony V. Napolitano (41), Brendan Reilly (42), Timothy R. Knudsen (43), Bennett R. Lawson (44), James M. Gardiner (45), Angela Clay (46), Matthew J. Martin (47), Leni Manaa-Hoppenworth (48), Maria E. Hadden (49), Debra L. Silverstein (50)
Absent (1): Emma Mitts (37)
Former members who voted: Jeylu B. Gutierrez (Yea), Byron Sigcho-Lopez (Yea), Carlos Ramirez-Rosa (Not voting), Rossana Rodriguez Sanchez (Yea)
Timeline
- Sep 18, 2024: Referred, City Council
- Sep 27, 2024: Substituted, Committee on Finance
- Oct 2, 2024: Recommended to Pass, Committee on Finance
- Oct 9, 2024: Passed, City Council
Documents
- SO2024-0012440 Exhibit A - Financial Assistance.pdf (Exhibits)
- SO2024-0012440 Exhibit D - Land Use Restriction Agreement.pdf (Exhibits)
- SO2024-0012440 Committee Letter.pdf (Committee Letter)
- SO2024-0012440.pdf (Legislation)
- SO2024-0012440 Exhibit C - Loan Agreement.pdf (Exhibits)
- 12440 EDS.pdf (EDS)
- SO2024-0012440 Exhibit B - Bond Indenture.pdf (Exhibits)
- O2024-0012440 Original Exhibit A.pdf (Miscellaneous)
- SO2024-0012440 Transmittal Letter.pdf (Miscellaneous)
- SO2024-0012440 Exhibit F - Project Site.pdf (Exhibits)
- SO2024-0012440 Exhibit E - Redevelopment Agreement.pdf (Exhibits)
- O2024-0012440 Original Ordinance.pdf (Miscellaneous)