# 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](https://chicityclerkelms.chicago.gov/Matter/?matterId=487D43D5-E875-EF11-A671-001DD804C7AB)

## 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](https://www.chicagopolitics.org/meeting/B794528A-0E76-EF11-A671-001DD804C7AB).

**Yea (45)**: [Daniel La Spata](https://www.chicagopolitics.org/ward/1) (1), [Brian Hopkins](https://www.chicagopolitics.org/ward/2) (2), [Pat Dowell](https://www.chicagopolitics.org/ward/3) (3), [Lamont J. Robinson](https://www.chicagopolitics.org/ward/4) (4), [Desmon C. Yancy](https://www.chicagopolitics.org/ward/5) (5), [William E. Hall](https://www.chicagopolitics.org/ward/6) (6), [Gregory I. Mitchell](https://www.chicagopolitics.org/ward/7) (7), [Michelle A. Harris](https://www.chicagopolitics.org/ward/8) (8), [Anthony Beale](https://www.chicagopolitics.org/ward/9) (9), [Peter Chico](https://www.chicagopolitics.org/ward/10) (10), [Nicole T. Lee](https://www.chicagopolitics.org/ward/11) (11), [Julia M. Ramirez](https://www.chicagopolitics.org/ward/12) (12), [Marty Quinn](https://www.chicagopolitics.org/ward/13) (13), [Raymond A. Lopez](https://www.chicagopolitics.org/ward/15) (15), [Stephanie D. Coleman](https://www.chicagopolitics.org/ward/16) (16), [David H. Moore](https://www.chicagopolitics.org/ward/17) (17), [Derrick G. Curtis](https://www.chicagopolitics.org/ward/18) (18), [Matthew J. O'Shea](https://www.chicagopolitics.org/ward/19) (19), [Jeanette B. Taylor](https://www.chicagopolitics.org/ward/20) (20), [Ronnie L. Mosley](https://www.chicagopolitics.org/ward/21) (21), [Michael D. Rodriguez](https://www.chicagopolitics.org/ward/22) (22), [Silvana Tabares](https://www.chicagopolitics.org/ward/23) (23), [Monique L. Scott](https://www.chicagopolitics.org/ward/24) (24), [Jessica L. Fuentes](https://www.chicagopolitics.org/ward/26) (26), [Walter R. Burnett](https://www.chicagopolitics.org/ward/27) (27), [Jason C. Ervin](https://www.chicagopolitics.org/ward/28) (28), [Chris Taliaferro](https://www.chicagopolitics.org/ward/29) (29), [Ruth Cruz](https://www.chicagopolitics.org/ward/30) (30), [Felix Cardona Jr.](https://www.chicagopolitics.org/ward/31) (31), [Scott Waguespack](https://www.chicagopolitics.org/ward/32) (32), [William Conway](https://www.chicagopolitics.org/ward/34) (34), [Gilbert Villegas](https://www.chicagopolitics.org/ward/36) (36), [Nicholas Sposato](https://www.chicagopolitics.org/ward/38) (38), [Samantha Nugent](https://www.chicagopolitics.org/ward/39) (39), [Andre Vasquez Jr.](https://www.chicagopolitics.org/ward/40) (40), [Anthony V. Napolitano](https://www.chicagopolitics.org/ward/41) (41), [Brendan Reilly](https://www.chicagopolitics.org/ward/42) (42), [Timothy R. Knudsen](https://www.chicagopolitics.org/ward/43) (43), [Bennett R. Lawson](https://www.chicagopolitics.org/ward/44) (44), [James M. Gardiner](https://www.chicagopolitics.org/ward/45) (45), [Angela Clay](https://www.chicagopolitics.org/ward/46) (46), [Matthew J. Martin](https://www.chicagopolitics.org/ward/47) (47), [Leni Manaa-Hoppenworth](https://www.chicagopolitics.org/ward/48) (48), [Maria E. Hadden](https://www.chicagopolitics.org/ward/49) (49), [Debra L. Silverstein](https://www.chicagopolitics.org/ward/50) (50)

**Absent (1)**: [Emma Mitts](https://www.chicagopolitics.org/ward/37) (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](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/a8cf3519-0561-40f9-be9e-1f23dbfa8f9a.pdf) (Miscellaneous)
- [SO2024-0012435 Exhibit E - Redevelopment Agreement.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b200c172-9723-4b8c-8b6f-241ea53b2b0f.pdf) (Exhibits)
- [SO2024-0012435 Exhibit C - Financing Agreement.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b11943e8-5357-4717-8f1a-7e0de5e07eac.pdf) (Exhibits)
- [O2024-0012435 Original Exhibit F.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/cc260168-169b-4fdb-b9c0-7658d2055462.pdf) (Miscellaneous)
- [O2024-0012435 Original Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/5b2a2d16-6616-4f9d-9542-fd8cd14b52e9.pdf) (Miscellaneous)
- [SO2024-0012435 Committee Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/97fb7d48-5dc2-42b4-873c-7aaa63857c2c.pdf) (Committee Letter)
- [SO2024-0012435.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/1bce37d1-0375-4ea3-97f2-4322dec57242.pdf) (Legislation)
- [SO2024-0012435 Exhibit F - Legal Description of Property.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/1ff83bbd-7a41-4962-b1fb-ab982885e89d.pdf) (Exhibits)
- [SO2024-0012435 Exhibit A - Project and Financing.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/9df5f74c-9dc8-41d1-82e0-301e35ce1fff.pdf) (Exhibits)
- [SO2024-0012435 Exhibit D - Land Use Restriction Agreement.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/09faedec-3413-435e-9de1-e17930f58ef2.pdf) (Exhibits)
- [12435 EDS.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/104bb59e-ea88-4a07-94a7-6c9fc2436043.pdf) (EDS)
- [SO2024-0012435 Exhibit B - Bond Indenture.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/1edaf817-a7b4-4111-926b-9d5092d33c6f.pdf) (Exhibits)
- [SO2024-0012435 Exhibit F-1 - Depiction of Property.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/a751ad10-a235-40c2-9014-98ad26dd20d3.pdf) (Exhibits)
- [O2024-0012435 Original Exhibit A.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b191c93d-4e9b-41a5-826c-a5cd5b63651c.pdf) (Miscellaneous)

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Source: https://www.chicagopolitics.org/matter/487D43D5-E875-EF11-A671-001DD804C7AB · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt