Redevelopment agreement with Renaissance Partners LP to extend tax increment financing (TIF) assistance for Renaissance Apartments at 3745-3763 S Wabash Ave

Votes › Finance

• Record number: O2025-0020482
• Type: Ordinance; category: Agreements
• Status: Final
• Sponsor: Johnson, Brandon
• Committee: Committee on Finance
• Introduction Date: Oct 16, 2025
• Final Action Date: Nov 14, 2025
• Official record: Office of the City Clerk

Roll call: Passed Nov 14, 2025

44 yea, 0 nay, 5 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 Nov 14, 2025.

Yea (44): 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), Anthony V. Napolitano (41), Brendan Reilly (42), Bennett R. Lawson (44), James M. Gardiner (45), Angela Clay (46), Matthew J. Martin (47), Leni Manaa-Hoppenworth (48), Debra L. Silverstein (50)

Absent (5): Derrick G. Curtis (18), Jeanette B. Taylor (20), Gilbert Villegas (36), Andre Vasquez Jr. (40), Maria E. Hadden (49)

Not voting (1): Timothy R. Knudsen (43)

Plain-language summary

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

Timeline

• Oct 16, 2025: Referred, City Council. The matter was Referred to Committee.
• Nov 10, 2025: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
• Nov 14, 2025: Passed, City Council (44 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

• O2025-0020482 Committee Letter.pdf (Committee Letter)
• O2025-0020482 Mayoral Letter.pdf (Miscellaneous)
• O2025-0020482 Ordinance.pdf (Legislation)
• O2025-0020482 EDS_Redacted.pdf (EDS)
• O2025-0020482 RDA Extension Amendment.pdf (Exhibits)

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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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