Revised redevelopment agreement with Steep Theatre Corporation to provide tax increment financing (TIF) funds for improvements to Steep Theater located at 5300-5318 N Kenmore Ave

Votes › Finance

• Record number: O2025-0018748
• Type: Ordinance; category: Agreements
• Status: Final
• Sponsor: Johnson, Brandon
• Committee: Committee on Finance
• Introduction Date: Jul 16, 2025
• Final Action Date: Sep 25, 2025
• Official record: Office of the City Clerk

Roll call: Passed Sep 25, 2025

49 yea, 0 nay, 1 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 Sep 25, 2025.

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), Julia M. Ramirez (12), Marty Quinn (13), Jeylú B. Gutiérrez (14), Raymond A. Lopez (15), Stephanie D. Coleman (16), David H. Moore (17), 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), Anthony J. Quezada (35), 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)

Absent (1): Derrick G. Curtis (18)

Timeline

• Jan 1, 1900: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
• Jul 16, 2025: Referred, City Council. The matter was Referred to Committee.
• Sep 25, 2025: Passed, City Council (49 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

• O2025-0018748 Exhibit A - Revised Redevelopment Agreement.pdf (Exhibits)
• O2025-0018748 Mayoral Transmittal Letter.pdf (Miscellaneous)
• CORRECTED PROJECT ADDRESS FOR EDS.pdf (EDS)
• O2025-0018748 C.L. Finance.pdf (Committee Letter)
• Original EDS Incorrect project address.pdf (EDS)
• O2025-0018748.pdf (Legislation)

Related legislation

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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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