Execution of loan subordination agreement with Perlmark Realty Corporation for Lincoln Village Senior Apartments at 6057 N Lincoln Ave
Votes › Housing and Real Estate
- Record number: O2024-0008971
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Housing and Real Estate
- Introduction Date: Apr 17, 2024
- Final Action Date: May 22, 2024
- Official record: Office of the City Clerk
Roll call: Passed May 22, 2024
48 yea, 0 nay, 2 absent. On motion of Alderperson Sigcho-Lopez, and unsuccessful motion to reconsider by Alderperson Harris, the matter was Passed. Voted at the City Council meeting of May 22, 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), 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), Rossana Rodríguez Sánchez (33), William Conway (34), Gilbert Villegas (36), 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 (2): Gregory I. Mitchell (7), Emma Mitts (37)
Plain-language summary
Written by AI (language model) from the ordinance text only. AI can make mistakes; the official document always wins.
Timeline
- Apr 17, 2024: Referred, City Council. The matter was Referred to Committee.
- May 15, 2024: Recommended to Pass, Committee on Housing and Real Estate. The matter was recommended to Pass by controlling legislative body.
- May 22, 2024: Passed, City Council (48 yea, 0 nay), at the City Council meeting. On motion of Alderperson Sigcho-Lopez, and unsuccessful motion to reconsider by Alderperson Harris, the matter was Passed.
Documents
- O2024-0008971 Transmittal Letter.pdf (Miscellaneous)
- O2024-0008971 Committee Letter.pdf (Committee Letter)
- O2024-0008971 EDS.pdf (EDS)
- O2024-0008971.pdf (Legislation)
Related legislation
More from Johnson, Brandon
- Executive Order No. 2026-7 (Senior Bill of Rights and Establishing the Mayor's Office on Aging) (F2026-0029547, introduced Dec 8, 2026, Placed on File)
- Issuance of general obligation bonds (2027-2028 General Obligation Borrowing Ordinance) (O2026-0029650, introduced Oct 21, 2026, Referred)
- Fiscal Year 2027 Budget Recommendations (O2026-0029642, introduced Oct 21, 2026, Referred)
More on Agreements
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- Issuance of Multi-Family Program Funds and other financial assistance to MPC Phase I 9% LLC for development of Morgan Park Commons Phase I… (O2026-0029413, introduced Oct 14, 2026, Referred)
- Issuance of Multi-Family Program Funds and other financial assistance to MPC Phase I 4% LLC for development of Morgan Park Commons Phase I… (O2026-0029412, introduced Oct 14, 2026, Referred)
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