First amendment to redevelopment agreement with Portage Park Capital, LLC to provide tax increment financing (TIF) funds for construction of project at 3611-3657 N Central Ave

Record number: O2024-0007876
Type: Ordinance; category: Agreements
Status: Final
Sponsor: Johnson, Brandon
Committee: Committee on Finance
Introduction Date: Feb 21, 2024
Final Action Date: 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 (48): 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), Scott Waguespack (32), Rossana Rodríguez Sánchez (33), 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 (2): Felix Cardona Jr. (31), Carlos Ramirez-Rosa (former member)

Plain-language summary

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

Timeline

Feb 21, 2024: Referred, City Council. The matter was Referred to Committee.
Mar 18, 2024: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
Mar 20, 2024: Passed, City Council (48 yea, 0 nay), at the City Council meeting. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.

Documents

O2024-0007876 Committee Letter.pdf (Committee Letter)
O2024-0007876 EDS.pdf (EDS)
O2024-0007876.pdf (Legislation)

Lobbying and money

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

Who lobbied on it

Portage Park Capital, LLC: CLOSING ON A REDEVELOPMENT AGREEMENT (2 filings, Apr 1, 2024 to Jun 30, 2024; Andrew Scott; matched by client named)
Portage Park Capital, LLC: CLOSING OF REDEVELOPMENT AGREEMENT (3 filings, Jul 1, 2024 to Dec 31, 2024; Andrew Scott; matched by client named)
Portage Park Capital, LLC: APPROVAL OF AMENDMENT TO REDEVELOPMENT AGREEMENT; CLOSING OF REDEVELOPMENT AGREEMENT (3 filings, Oct 1, 2023 to Mar 31, 2024; Andrew Scott; matched by client named)
Portage Park Capital, LLC: CLOSING OF A REDEVELOPMENT AGREEMENT (1 filing, Jul 1, 2024 to Sep 30, 2024; Andrew Scott; matched by client named)
Portage Park Capital, LLC: AMENDMENT TO REDEVELOPMENT AGREEMENT AND CLOSING OF REDEVELOPMENT AGREEMENT (1 filing, Jan 1, 2024 to Mar 31, 2024; Andrew Scott; matched by client named)

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