Revised Redevelopment Agreement adjusting payout terms of tax increment financing (TIF) funds to Chicago Cooperative regarding project delays to redevelop 4620 N Broadway into full service grocery store
- Record number: SO2024-0007864
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduced: Feb 21, 2024
- Final action: Mar 20, 2024
- Official record: Office of the City Clerk
Roll call: Passed Mar 20, 2024
48 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 Mar 20, 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), Scott Waguespack (32), William Conway (34), 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)
Not voting (1): Felix Cardona Jr. (31)
Former members who voted: Jeylu B. Gutierrez (Yea), Byron Sigcho-Lopez (Yea), Carlos Ramirez-Rosa (Not voting), Rossana Rodriguez Sanchez (Yea)
Timeline
- Feb 21, 2024: Referred, City Council
- Mar 18, 2024: Substituted, Committee on Finance
- Mar 18, 2024: Recommended to Pass, Committee on Finance
- Mar 20, 2024: Passed, City Council
- Mar 21, 2024: Signed by Mayor, City Council
Documents
- SO2024-0007864 Revised Exh A Coop Redevelop Agree.pdf (Exhibits)
- SO2024-0007864 Committee Letter.pdf (Committee Letter)
- O2024-0007864.pdf (Legislation)
- SO2024-0007864 Substitute Ordinance.pdf (Legislation)
- O2024-0007864 Exhibit A - Revised Redevelopment Agreement.pdf (Exhibits)
- O2024-0007864 EDS.pdf (EDS)
- SO2024-0007864 Signed by Mayor .pdf (Legislation)