Acquisition of vacant City-owned property at 4741 S Indiana Ave, in combination with owner's property at 4739 and 4743 S Indiana Ave, for development and construction of two three-story residential buildings with tax incremental financing (TIF) assistance

Clerk's short name: Acquisition of vacant city property and residential development of combined owner's property

Record number: O2024-0008414
Type: Ordinance; category: Agreements
Status: Final
Sponsor: Johnson, Brandon
Committee: Committee on Housing and Real Estate
Introduction Date: Mar 20, 2024
Final Action Date: Apr 17, 2024
Official record: Office of the City Clerk

Roll call: Passed Apr 17, 2024

49 yea, 0 nay, 1 absent. On motion of Alderperson Mitchell, Vice Chair of the Housing and real Estate Committee, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of Apr 17, 2024.

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), 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), 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), Carlos Ramirez-Rosa (former member)

Absent (1): Julia M. Ramirez (12)

Plain-language summary

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

Timeline

Mar 20, 2024: Referred, City Council. The matter was Referred to Committee.
Apr 10, 2024: Recommended to Pass, Committee on Housing and Real Estate. The matter was recommended to Pass by controlling legislative body.
Apr 17, 2024: Passed, City Council (49 yea, 0 nay), at the City Council meeting. On motion of Alderperson Mitchell, Vice Chair of the Housing and real Estate Committee, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.