# Support of Class L tax incentive for property at 465 W Cermak Rd

[Legislation tracker](https://www.chicagopolitics.org/tracker) › [Economic, Capital and Technology Development](https://www.chicagopolitics.org/committee/economic-capital-and-technology-development)

- Record number: **O2024-0007330**
- Type: Ordinance; category: Tax Incentives
- Status: Final (Passed)
- Sponsor: Johnson, Brandon
- Committee: [Committee on Economic, Capital and Technology Development](https://www.chicagopolitics.org/committee/economic-capital-and-technology-development)
- Submitted Date: Jan 24, 2024
- Introduction Date: Jan 24, 2024
- Final Action Date: Apr 19, 2024
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=1D7E2E3B-CABA-EE11-A568-001DD806999B)

## Timeline

- Jan 24, 2024: Referred, City Council. The matter was Referred to Committee.
- Apr 9, 2024: Recommended to Pass, Committee on Economic, Capital and Technology Development. The matter was recommended to Pass by controlling legislative body.
- Apr 22, 2024: Passed, City Council. On motion of Alderperson Villegas, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.

## Documents

- [O2024-0007330 Committee Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/0ece3a39-1618-49b5-ae2b-597479cb084f.pdf) (Committee Letter)
- [EDS Class L 465 W Cermak Rd\_0240\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/77e90965-4295-422a-9f31-e06609a9a9ad.pdf) (EDS)
- [EXHIBIT 1 Class L 465 W Cermak Rd\_0238.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/dbbe2bc7-8fd5-442f-97b4-aae60ffd3100.pdf) (Exhibits)
- [EXHIBIT 2 Class L 465 W Cermak Rd\_0239.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/fe4f6581-7396-4379-b143-14cf34809d6f.pdf) (Exhibits)
- [ORDINANCE Class L 465 W Cermak Rd\_0237.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/6d3a7cb7-ac81-40dd-919d-0f5d5be5748b.pdf) (Legislation)

## Lobbying and money

> Computed links; money near a vote is not evidence that it influenced the vote.

**Who lobbied on it**

- Artemple Foundation: VARIOUS APPROVALS FOR 465 W. CERMAK DEVELOPMENT (1 filing, Oct 1, 2024 to Dec 31, 2024; Janet Stengle; matched by street address)
- 465 Cermak LLC: VARIOUS APPROVALS FOR 465 W. CERMAK DEVELOPMENT (22 filings, Apr 1, 2023 to Sep 30, 2026; Bridget O'Keefe, Janet Stengle; matched by street address)

**Alderpersons who received money from these interests**

| Member | Amount | From |
| --- | --- | --- |
| [Pat Dowell](https://www.chicagopolitics.org/ward/3) | $250 | Bridget O'Keefe (lobbyist for 465 Cermak LLC) |

## Related legislation

**More from Johnson, Brandon**

- [Executive Order No. 2026-7 (Senior Bill of Rights and Establishing the Mayor's Office on Aging)](https://www.chicagopolitics.org/matter/F2026-0029547-executive-order-no-senior-bill-rights) (F2026-0029547, introduced Dec 8, 2026, Placed on File)
- [Issuance of general obligation bonds (2027-2028 General Obligation Borrowing Ordinance)](https://www.chicagopolitics.org/matter/O2026-0029650-issuance-general-obligation-bonds-general-obligation) (O2026-0029650, introduced Oct 21, 2026, Referred)
- [Fiscal Year 2027 Budget Recommendations](https://www.chicagopolitics.org/matter/O2026-0029642-fiscal-year-2027-budget-recommendations) (O2026-0029642, introduced Oct 21, 2026, Referred)

**More on Tax Incentives**

- [Support of Class L Tax incentive for property at 2 N Riverside Plz](https://www.chicagopolitics.org/matter/O2026-0026380-support-class-l-tax-incentive-property) (O2026-0026380, introduced Jun 17, 2026, Passed)
- [Support of Class L Tax incentive with 30 North LaSalle Owner LLC for property at 30 N LaSalle St](https://www.chicagopolitics.org/matter/O2026-0023781-support-class-l-tax-incentive-30) (O2026-0023781, introduced Mar 12, 2026, Passed)
- [Support of Class L Tax incentive with 30 North LaSalle Owner LLC for property at 30 N LaSalle St](https://www.chicagopolitics.org/matter/O2026-0023319-support-class-l-tax-incentive-30) (O2026-0023319, introduced Feb 18, 2026, Referred)

Sources and methods: [how we get and count this data](/about#methods) · [report an error](/about#corrections)

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Source: https://www.chicagopolitics.org/matter/O2024-0007330-support-class-l-tax-incentive-property · Chicago Politics, an independent tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt