# First amendment to redevelopment agreement with NP Avenue O LLC to provide tax increment financing (TIF) funds for improvements at Commerce Park

- Record number: **O2024-0008340**
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduced: Mar 20, 2024
- Final action: May 22, 2024
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=AAB13ED3-03E6-EE11-904C-001DD806E542)

## Roll call: Passed May 22, 2024

**47 yea, 1 nay, 2 absent.** This was a divided vote. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Harris, the matter was Passed. Voted at the [City Council meeting of May 22, 2024](https://www.chicagopolitics.org/meeting/C58B2651-AC00-EF11-A1FE-001DD809669D).

**Nay (1)**: [Pat Dowell](https://www.chicagopolitics.org/ward/3) (3)

**Yea (43)**: [Daniel La Spata](https://www.chicagopolitics.org/ward/1) (1), [Brian Hopkins](https://www.chicagopolitics.org/ward/2) (2), [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), [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 (2)**: [Gregory I. Mitchell](https://www.chicagopolitics.org/ward/7) (7), [Emma Mitts](https://www.chicagopolitics.org/ward/37) (37)

Former members who voted: Jeylu B. Gutierrez (Yea), Byron Sigcho-Lopez (Yea), Carlos Ramirez-Rosa (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 20, 2024: Referred, City Council
- May 13, 2024: Recommended to Pass, Committee on Finance
- May 22, 2024: Passed, City Council

## Documents

- [8340 Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/516d101d-63f4-4cd4-b131-b5bb2557379c.pdf) (Committee Letter)
- [O2024-0008340 Transmittal Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/f8a31d86-42cf-49cc-a120-aa2638161fbf.pdf) (Miscellaneous)
- [O2024-0008340 Exhibit A - First Amendment to Redevelopment Agreement.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/0dc4c526-579b-47a7-bb23-a2abb7467eb4.pdf) (Exhibits)
- [O2024-0008340 EDS.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/97c9e703-5d0b-4c0c-8cc4-4134b7d26d1a.pdf) (EDS)
- [O2024-0008340.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/e63bede0-7e49-462a-8f95-3c3504d89a02.pdf) (Legislation)

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Source: https://www.chicagopolitics.org/matter/AAB13ED3-03E6-EE11-904C-001DD806E542 · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt