Redevelopment agreement with Axiom Flame LLC to provide Neighborhood Opportunity Fund (NOF) assistance for development of property at 2640-2646 W Madison St

Votes › Budget and Government Operations

• Record number: O2026-0025476
• Type: Ordinance; category: Agreements
• Status: Final
• Sponsor: Johnson, Brandon
• Committee: Committee on Budget and Government Operations
• Introduction Date: May 20, 2026
• Final Action Date: Jun 17, 2026
• Official record: Office of the City Clerk

Roll call: Passed Jun 17, 2026

49 yea, 0 nay, 1 absent. On motion of Alderperson Ervin, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of Jun 17, 2026.

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), 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), 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 (1): Gilbert Villegas (36)

Plain-language summary

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

Timeline

• May 20, 2026: Referred, City Council. The matter was Referred to Committee.
• Jun 15, 2026: Recommended to Pass, Committee on Budget and Government Operations. The matter was recommended to Pass by controlling legislative body.
• Jun 17, 2026: Passed, City Council (49 yea, 0 nay), at the City Council meeting. On motion of Alderperson Ervin, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.

Documents

• O2026-0025476 Ordinance.pdf (Legislation)
• O2026-0025476 Exhibit A RDA with subexhibits A thru H.pdf (Exhibits)
• O2026-0025476 Mayoral Letter.pdf (Miscellaneous)
• O2026-0025476 EDS_Redacted.pdf (EDS)

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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