Redevelopment agreement with Oak-Larrabee LLC for construction of mixed-income housing project at 955 N Larrabee St

Votes › Finance

• Record number: O2024-0010991
• Type: Ordinance; category: Agreements
• Status: Final
• Sponsor: Johnson, Brandon
• Committee: Committee on Finance
• Introduction Date: Jul 17, 2024
• Final Action Date: Feb 19, 2025
• Official record: Office of the City Clerk

Roll call: Passed Feb 19, 2025

50 yea, 0 nay. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Harris, the matter was Passed. Voted at the City Council meeting of Feb 19, 2025.

Yea (50): 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), 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)

Plain-language summary

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

Timeline

• Jul 17, 2024: Referred, City Council. The matter was Referred to Committee.
• Feb 10, 2025: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
• Feb 19, 2025: Passed, City Council (50 yea, 0 nay), at the City Council meeting. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Harris, the matter was Passed.

Documents

• O2024-0010991 Exhibit A - Redevelopment Agreement.pdf (Exhibits)
• O2024-0010991 EDS.pdf (EDS)
• O2024-0010991.pdf (Legislation)
• O2024-0010991 Committee Letter.pdf (Committee Letter)
• O2024-0010991 Mayoral Letter.pdf (Miscellaneous)

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

• Redevelopment agreement with Oak-Larrabee LLC to provide tax increment financing (TIF) assistance for development of property at 955 N… (O2026-0029418, introduced Oct 14, 2026, Referred)
• First amendment to redevelopment agreement with 1539 N. Pulaski Road HHDC LP, 1539 N. Pulaski Road Charitable Corporation and Hispanic… (O2026-0029408, introduced Oct 14, 2026, Referred)
• Redevelopment agreement with North Lawndale Catalyst Initiative NFP to provide tax increment financing (TIF) assistance for development of… (O2026-0028748, introduced Sep 23, 2026, Passed)

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