Amended redevelopment agreement with Institute of Cultural Affairs to provide tax increment financing (TIF) assistance for property at 4750 N Sheridan Rd
- Record number: O2026-0024063
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduced: Mar 18, 2026
- Final action: Apr 15, 2026
- Official record: Office of the City Clerk
Roll call: Passed Apr 15, 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 Apr 15, 2026.
Yea (47): 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), 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)
Timeline
- Mar 18, 2026: Referred, City Council
- Apr 13, 2026: Recommended to Pass, Committee on Finance
- Apr 15, 2026: Passed, City Council
Documents
- O2026-0024063 Ordinance and Ex A to Ordinance - RDA.pdf (Legislation)
- O2026-0024063 Ex D.pdf (Exhibits)
- O2026-0024063 EDS_Redacted.pdf (EDS)
- O2026-0024063 C.L..pdf (Committee Letter)
- O2026-0024063 Ex E.pdf (Exhibits)
- O2026-0024063 Ex A.pdf (Exhibits)
- O2026-0024063 Ex F.pdf (Exhibits)
- O2026-0024063 Ex B.pdf (Exhibits)
- O2026-0024063 Ex C.pdf (Exhibits)
- O2026-0024063 Mayoral Letter.pdf (Miscellaneous)