Redevelopment agreement with JTA Development, Inc. to provide tax increment financing (TIF) assistance for Renaissance Estates project at 1555 W 122 St

Record number: O2025-0019917
Type: Ordinance; category: Agreements
Status: Final
Sponsor: Johnson, Brandon
Committee: Committee on Finance
Introduction Date: Sep 25, 2025
Final Action Date: Oct 16, 2025
Official record: Office of the City Clerk

Roll call: Passed Oct 16, 2025

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 Oct 16, 2025.

Yea (47): 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), 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), 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 (2): Jeanette B. Taylor (20), Gilbert Villegas (36)

Not voting (1): Derrick G. Curtis (18)

Plain-language summary

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

Timeline

Sep 25, 2025: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
Sep 25, 2025: Referred, City Council. The matter was Referred to Committee.
Oct 16, 2025: 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.