Issuance of tax-exempt multi-family housing revenue bonds to 111 W Monroe LLC for mixed-income rental housing project at 111 W Monroe St

Record number: O2024-0009604
Type: Ordinance; category: Bonds & Bond Issues
Status: Final
Sponsor: Johnson, Brandon
Committee: Committee on Finance
Introduction Date: May 22, 2024
Final Action Date: Jun 12, 2024
Official record: Office of the City Clerk

Roll call: Passed Jun 12, 2024

47 yea, 0 nay, 2 absent. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of Jun 12, 2024.

Yea (47): Daniel La Spata (1), Brian Hopkins (2), Pat Dowell (3), Lamont J. Robinson (4), 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), 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), Carlos Ramirez-Rosa (former member)

Absent (2): Jeanette B. Taylor (20), Debra L. Silverstein (50)

Not voting (1): Desmon C. Yancy (5)

Plain-language summary

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

Timeline

May 22, 2024: Referred, City Council. The matter was Referred to Committee.
Jun 10, 2024: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
Jun 12, 2024: Passed, City Council (47 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

O2024-0009604 Committee Letter.pdf (Committee Letter)
O2024-0009604 EDS.pdf (EDS)
O2024-0009604 Mayoral Letter.pdf (Miscellaneous)
O2024-0009604.pdf (Legislation)

Lobbying and money

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

Who lobbied on it

111 W. Monroe, LLC: APPROVAL OF A CLASS L PROPERTY TAX INCENTIVE FOR 111 W. MONROE BUILDING (12 filings, Jul 1, 2024 to Sep 30, 2026; Bridget O'Keefe, Janet Stengle; matched by street address)

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