First amendment to tax increment financing (TIF) redevelopment agreement with 4300 Roosevelt LLC regarding construction project at 4300 W Roosevelt Rd and 4301 W Fifth Ave

Votes › Finance

Clerk's short name: Amendment to certain provisions of timing and substantive nature of TIF RDA

• Record number: O2023-0006033
• Type: Ordinance; category: Agreements
• Status: Final
• Sponsor: Johnson, Brandon
• Committee: Committee on Finance
• Introduction Date: Nov 15, 2023
• Final Action Date: Dec 13, 2023
• Official record: Office of the City Clerk

Roll call: Passed Dec 13, 2023

49 yea, 0 nay. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Hopkins, the matter was Passed. Voted at the City Council meeting of Dec 13, 2023.

Yea (49): 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), Jeylú B. Gutiérrez (14), 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), Byron Sigcho-López (25), 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), 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), Carlos Ramirez-Rosa (former member)

Not voting (1): Rossana Rodríguez Sánchez (33)

Plain-language summary

Written by AI (language model) from the ordinance text only. AI can make mistakes; the official document always wins.

Timeline

• Nov 15, 2023: Referred, City Council. The matter was Referred to Committee.
• Dec 11, 2023: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
• Dec 13, 2023: Passed, City Council (49 yea, 0 nay), at the City Council meeting. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Hopkins, the matter was Passed.

Documents

• O2023-0006033 Letter.pdf (Committee Letter)
• First Amendment to TIF Redevelopment Agreement with 4300 Roosevelt LLC.pdf (Legislation)
• O2023-0006033 Redacted EDS 4300 Roosevelt.pdf (EDS)

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