Redevelopment agreement with and issuance of financial assistance to SACRED Apartments Owner LLC for acquisition, construction and equipping of low-income residential facilities at 9212 S Burley Ave
- Record number: SO2024-0012435
- 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
- O2024-0012435 Transmittal Letter.pdf (Miscellaneous)
- SO2024-0012435 Exhibit E - Redevelopment Agreement.pdf (Exhibits)
- SO2024-0012435 Exhibit C - Financing Agreement.pdf (Exhibits)
- O2024-0012435 Original Exhibit F.pdf (Miscellaneous)
- O2024-0012435 Original Ordinance.pdf (Miscellaneous)
- SO2024-0012435 Committee Letter.pdf (Committee Letter)
- SO2024-0012435.pdf (Legislation)
- SO2024-0012435 Exhibit F - Legal Description of Property.pdf (Exhibits)
- SO2024-0012435 Exhibit A - Project and Financing.pdf (Exhibits)
- SO2024-0012435 Exhibit D - Land Use Restriction Agreement.pdf (Exhibits)
- 12435 EDS.pdf (EDS)
- SO2024-0012435 Exhibit B - Bond Indenture.pdf (Exhibits)
- SO2024-0012435 Exhibit F-1 - Depiction of Property.pdf (Exhibits)
- O2024-0012435 Original Exhibit A.pdf (Miscellaneous)