Issuance of financial assistance to 208 LaSalle Affordable L.P. and 208 LaSalle Market Landlord LLC for acquisition, construction, rehabilitation and equipping of affordable and market rate housing projects at 208 S LaSalle St
- Record number: O2025-0016003
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduced: Mar 12, 2025
- Final action: Apr 16, 2025
- Official record: Office of the City Clerk
Roll call: Passed Apr 16, 2025
49 yea, 1 nay. This was a divided vote. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of Apr 16, 2025.
Nay (1): Raymond A. Lopez (15)
Yea (46): 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), 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), Anthony J. Quezada (35), Gilbert Villegas (36), Emma Mitts (37), 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)
Former members who voted: Jeylu B. Gutierrez (Yea), Byron Sigcho-Lopez (Yea), Rossana Rodriguez Sanchez (Yea)
Plain-language summary
Written by AI (language model) from the ordinance text only. AI can make mistakes; the official document always wins.
Timeline
- Mar 12, 2025: Referred, City Council
- Apr 14, 2025: Recommended to Pass, Committee on Finance
- Apr 16, 2025: Passed, City Council
- Apr 16, 2025: Signed by Mayor, City Council
Documents
- O2025-0016003 Exhibit C - Loan Agreement.pdf (Exhibits)
- O2025-0016003 Exhibit E - Redevelopment Agreement.pdf (Exhibits)
- O2025-0016003 EDS.pdf (EDS)
- O2025-0016003.pdf (Legislation)
- O2025-0016003 Exhibit B - Bond Indenture.pdf (Exhibits)
- O2025-0016003 Transmittal Letter.pdf (Miscellaneous)
- O2025-0016003 Exhibit A-1 - Affordable Project.pdf (Exhibits)
- O2025-0016003 Exhibit D - Land Use Restriction Agreement.pdf (Exhibits)
- O2025-0016003 Exhibit F - Project Site.pdf (Exhibits)
- O2025-0016003 Exhibit A-2 - Market Rate Project.pdf (Exhibits)
- O2025-0016003 Committee Letter.pdf (Committee Letter)
- SO2025-0016003 Signed By Mayor_0840.pdf (Legislation)