Committee on Economic, Capital and Technology Development meeting, October 2, 2023
- When: Mon, Oct 2, 2023, 2:00 PM (Chicago time)
- Where: City Council Chamber, 2nd Floor, City Hall, 121 North LaSalle Street - Chicago, IL 60602
- Status: Scheduled & Published
- Committee: Committee on Economic, Capital and Technology Development
- Video: https://vimeo.com/manage/videos/869690914
- Transcript: full text (3,324 words, official captions)
Meeting notes
AI-written from the transcript. Speakers are inferred from cues in the recording, so treat names as estimates and check the video at the linked time.
The Committee on Economic, Capital and Technology Development met with no public commenters and approved its September 2023 monthly report. Members recommended passage of appointments and a reappointment to SSA #18 (North Halsted) and SSA #3 (Southwest), a Class 6(b) property tax incentive renewal for Revolution Brewing at 3340 N. Kedzie Avenue in the 35th Ward, and a Class 6(b) incentive for a new Mikol Express warehouse at 4003-4057 S. Normal Avenue in the 11th Ward. The committee then took up a Class 6(b) incentive for Midway Moving and Storage at 2717-2757 W. Chicago Avenue in the 36th Ward, where members spoke in support and a substitute ordinance was accepted; the transcript ends before a final vote on that item.
Topics: SSA appointments, Class 6(b) tax incentives, Revolution Brewing, Mikol Express warehouse, Midway Moving and Storage, small business retention
Agenda items discussed
- 10:42 Approval of the September 2023 monthly report: passed
- 11:10 Appointments and reappointment to SSA #18 North Halsted and SSA #3 Southwest commissions: passed
- 13:26 Class 6(b) tax incentive for 3340 N. Kedzie Avenue (Kedzie Brewing LLC / Revolution Brewing), 35th Ward: passed
- 19:30 Class 6(b) tax incentive for 4003-4057 S. Normal Avenue and 432-458 W. 41st Street (Mikol Express LLC), 11th Ward: passed
- 26:04 Class 6(b) tax incentive for 2717-2757 W. Chicago Avenue (Midway Moving and Storage), 36th Ward: discussed
Alderpersons who spoke
- Gilbert Villegas (chair): Said Midway Moving's shredding events have benefited his area and encouraged colleagues to contact the owner about hosting shredding and recycling events in their wards. (33:00)
- Nicole T. Lee (alderperson): Said she introduced the Mikol Express incentive and fully supports it, citing the $3.3 million investment, 20 new jobs and the company's community involvement in an underdeveloped area. (23:22)
- Walter R. Burnett (alderperson): Spoke in support of Midway Moving, noting it hires returning citizens, holds shredding events across the city, and faces rising taxes in a gentrifying area. (29:09)
- Emma Mitts (alderperson): Echoed support for Midway Moving, citing its help with community events, shredding events, relocating flood-affected families, and hiring people with records. (30:44)
Exchanges between members
- 30:27 Burnett told the chair he is fortunate to have Midway Moving's business in his ward.
- 30:44 Mitts said she wanted to echo Burnett's sentiment about Midway Moving.