Redevelopment agreement with and issuance of financial assistance to SACRED Apartments Owner LLC for acquisition, construction and equipping of low-income residential facilities at 9212 S Burley Ave
- Record number: SO2024-0012435
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduction Date: Sep 18, 2024
- Final Action Date: Oct 9, 2024
- Official record: Office of the City Clerk
Roll call: Passed Oct 9, 2024
48 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 Oct 9, 2024.
Yea (48): 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), 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): Emma Mitts (37)
Not voting (1): Carlos Ramirez-Rosa (former member)
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Timeline
- Sep 18, 2024: Referred, City Council. The matter was Referred to Committee.
- Sep 27, 2024: Substituted, Committee on Finance. The matter was substituted in committee.
- Oct 2, 2024: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
- Oct 9, 2024: Passed, City Council (48 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
- O2024-0012435 Transmittal Letter.pdf (Miscellaneous)
- SO2024-0012435 Exhibit E - Redevelopment Agreement.pdf (Exhibits)
- SO2024-0012435 Exhibit C - Financing Agreement.pdf (Exhibits)
- O2024-0012435 Original Exhibit F.pdf (Miscellaneous)
- O2024-0012435 Original Ordinance.pdf (Miscellaneous)
- SO2024-0012435 Committee Letter.pdf (Committee Letter)
- SO2024-0012435.pdf (Legislation)
- SO2024-0012435 Exhibit F - Legal Description of Property.pdf (Exhibits)
- SO2024-0012435 Exhibit A - Project and Financing.pdf (Exhibits)
- SO2024-0012435 Exhibit D - Land Use Restriction Agreement.pdf (Exhibits)
- 12435 EDS.pdf (EDS)
- SO2024-0012435 Exhibit B - Bond Indenture.pdf (Exhibits)
- SO2024-0012435 Exhibit F-1 - Depiction of Property.pdf (Exhibits)
- O2024-0012435 Original Exhibit A.pdf (Miscellaneous)
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