Redevelopment agreement with and issuance of tax increment financing (TIF) grant to Brown Derby LLC for acquisition and redevelopment of portion of existing building at 79 W Monroe St
- Record number: SO2024-0012437
- 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 (48): 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), Jeylú B. Gutiérrez (14), 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), Byron Sigcho-López (25), 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), Rossana Rodríguez Sánchez (33), 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: Carlos Ramirez-Rosa (Not voting)
Timeline
- Sep 18, 2024: Referred, City Council
- Oct 2, 2024: Substituted, Committee on Finance
- Oct 2, 2024: Recommended to Pass, Committee on Finance
- Oct 9, 2024: Passed, City Council
Documents
- SO2024-0012437 Exhibit B - Legal Description.pdf (Exhibits)
- SO2024-0012437 Transmittal Letter.pdf (Miscellaneous)
- SO2024-0012437 Exhibit C - Redevelopment Agreement.pdf (Exhibits)
- O2024-0012437 Original Exhibit B.pdf (Miscellaneous)
- SO2024-0012437 Committee Letter.pdf (Committee Letter)
- O2024-0012437 Original Exhibit C.pdf (Miscellaneous)
- O2024-0012437 Original Exhibit A.pdf (Miscellaneous)
- O2024-0012437 Original Ordinance.pdf (Miscellaneous)
- SO2024-0012437 EDS.pdf (EDS)
- SO2024-0012437 Exhibit A - Additional Financing Terms.pdf (Exhibits)
- SO2024-0012437.pdf (Legislation)