# Redevelopment agreement with 111 Monroe Hotel Landlord LLC to provide tax increment financing (TIF) assistance for development of Monroe Hotel project at 111 W Monroe St

- Record number: **SO2026-0027146**
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduced: Jul 15, 2026
- Final action: Sep 23, 2026
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=6C2D87C1-6280-F111-AB0E-001DD80F46AC)

## Roll call: Passed Sep 23, 2026

**50 yea, 0 nay.** On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the [City Council meeting of Sep 23, 2026](https://www.chicagopolitics.org/meeting/5F86622E-F485-F111-AB0E-001DD80ED7AA).

**Yea (50)**: [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), [Jeylú B. Gutiérrez](https://www.chicagopolitics.org/ward/14) (14), [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), [Byron Sigcho-López](https://www.chicagopolitics.org/ward/25) (25), [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), [Rossana Rodríguez Sánchez](https://www.chicagopolitics.org/ward/33) (33), [William Conway](https://www.chicagopolitics.org/ward/34) (34), [Anthony J. Quezada](https://www.chicagopolitics.org/ward/35) (35), [Gilbert Villegas](https://www.chicagopolitics.org/ward/36) (36), [Emma Mitts](https://www.chicagopolitics.org/ward/37) (37), [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)

## Timeline

- Jul 15, 2026: Referred, City Council
- Sep 22, 2026: Substituted, Committee on Finance
- Sep 22, 2026: Recommended to Pass, Committee on Finance
- Sep 23, 2026: Passed, City Council

## Documents

- [O2026-0027146 Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/f4d9851b-fd73-4974-895c-95e08fa2c3e3.pdf) (Legislation)
- [O2026-0027146 Mayoral Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/678503f5-3d47-4da9-89be-4f2681141813.pdf) (Miscellaneous)
- [O2026-0027146 Ex A - RDA with subex A-1 and A-2.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/16f38932-3ab6-4e8d-b363-4de040a650de.pdf) (Exhibits)
- [O2026-0027146 EDS\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/d8ed2fe4-9988-4f71-8360-0f17e4b0ad50.pdf) (EDS)
- [SO2026-0027146 Substitute Ex A RDA with subex A-1, A-1. B and C.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b042d8ea-9c47-4a97-81d4-5f6faad66dca.pdf) (Exhibits)
- [SO2026-0027146 C.L..pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/ed2d774e-85a0-44f4-a600-bbf5b57977fd.pdf) (Committee Letter)
- [SO2026-0027146 Substitute Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/e047d1e2-4303-4b89-8977-e222e569dcba.pdf) (Legislation)
- [O2026-0027146 Ex C - List of Prior Expenditures (not attached for intro).pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/4b9212d7-ca62-4aba-8abf-65613377bb40.pdf) (Exhibits)
- [O2026-0027146 Ex B - Project Budgets.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/c29164aa-774b-461c-a8b9-8034f78b7799.pdf) (Exhibits)

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Source: https://www.chicagopolitics.org/matter/6C2D87C1-6280-F111-AB0E-001DD80F46AC · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt