# Committee on Finance meeting, November 10, 2025

- When: Mon, Nov 10, 2025, 10:30 AM (Chicago time)
- Where: City Council Chamber, 2nd Floor, City Hall, 121 North LaSalle Street - Chicago, IL 60602
- Status: Scheduled & Published
- Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance)
- Video: https://vimeo.com/manage/videos/1134396838
- Transcript: [full text](https://www.chicagopolitics.org/files/transcripts/1134396838.txt) (19,617 words, automatic 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 Finance held a TEFRA public hearing on up to $14 million in multifamily housing revenue bonds for the Martha Washington Apartments, followed by its regular meeting. The committee recommended approval of three Department of Law settlements, including a $17 million wrongful conviction settlement, after questions about police pursuit notification, dash camera footage and pending cases involving the same detective. It also recommended passage of a change to the employee charitable contribution program, housing bond and redevelopment agreement items, a renewed Chicago Low Income Housing Trust Fund grant agreement, park improvement agreements funded by TIF and Cubs Fund money (including a new Ogden Park field house and Humboldt Park improvements), an extension of the Division/Homan TIF district, and a TIF loan for a hotel in Pullman. Several members questioned how park capital projects are prioritized, and a resolution calling for a hearing on commercial property tax appeals was held at the sponsor's request.

Topics: TEFRA hearing, legal settlements, police pursuits, wrongful conviction cases, employee charitable contributions, affordable housing, park district capital projects, TIF funding, TIF district extension, hotel development

### Agenda items discussed

- [18:41](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=1121) TEFRA public hearing on Martha Washington Apartments multifamily housing revenue bonds: discussed
- [45:02](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=2702) October 2025 monthly Rule 45 report: passed
- [45:32](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=2732) Department of Law report of verdicts, judgments and settlements for October 2025
- [46:07](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=2767) Settlement: Tejeda Rivera and Francisco v. City of Chicago ($500,000): passed
- [56:11](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=3371) Settlement: vehicle collision case involving Officer Bolden ($750,000): passed
- [1:02:45](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=3765) Settlement: Masonette v. Guevara ($17 million): passed
- [1:13:14](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=4394) Ordinance amending the Employee Charitable Contribution Program (add EarthShare, remove Community Health Charities of Illinois): passed
- [1:27:19](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=5239) Tax-exempt multifamily housing revenue bonds for Martha Washington Apartments, 2324 W. Irving Park Rd.: passed
- [1:32:45](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=5565) First amendment to Renaissance Apartments redevelopment agreement to adjust completion date: passed
- [1:35:45](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=5745) Grant agreement with the Chicago Low Income Housing Trust Fund for rental housing support: passed
- [1:41:25](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=6085) Intergovernmental agreement with Chicago Park District for Cubs Fund improvements at Kelly Park: passed
- [1:44:00](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=6240) Intergovernmental agreement for Clark/Montrose TIF funds for Chase Park improvements: passed
- [1:47:07](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=6427) Intergovernmental agreement for Madden/Wells TIF funds for Ellis Park improvements: passed
- [1:49:04](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=6544) Intergovernmental agreement for Madison/Austin Corridor TIF funds for Madison Community Plaza: passed
- [1:51:25](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=6685) Substitute ordinance: Englewood Neighborhood TIF funds for a new Ogden Park field house: passed
- [2:08:56](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7736) Intergovernmental agreement for Division/Homan TIF funds for Humboldt Park improvements: passed
- [2:15:29](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=8129) Amendment No. 1 to the Division/Homan TIF redevelopment plan extending the district: passed
- [2:21:33](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=8493) TIF redevelopment agreement and loan with Pullman Hotel Group LLC for a 100-key hotel: passed
- [2:30:14](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=9014) Ordinance authorizing payment of various small claims: passed
- [2:30:33](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=9033) Order denying payment of various small claims: passed
- [2:30:52](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=9052) Charitable solicitation permits on the public way (Planned Parenthood Federation of America; World Wildlife Fund): passed
- [2:31:47](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=9107) Resolution calling for a subject matter hearing on commercial property tax appeals: held

### Alderpersons who spoke

- [Pat Dowell](https://www.chicagopolitics.org/ward/3) (chair): Asked why the officer in the rear-end collision case failed to stop. ([1:00:50](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=3650)); Asked how employees opt into the charitable contribution program and urged the department to email employees about it. ([1:22:48](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=4968)); Said she had requested a ward-by-ward list of Low Income Housing Trust Fund units and would send it to all members. ([1:40:29](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=6029))
- [David H. Moore](https://www.chicagopolitics.org/ward/17) (alderperson): Asked whether the finding of improper OEMC notification related to officers not reporting the driver's warrant and whether that changed the case. ([52:05](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=3125)); Asked for support for the Ogden Park field house, describing it as a regional park and recounting years of funding commitments from multiple sources. ([2:04:55](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7495))
- [Anthony Beale](https://www.chicagopolitics.org/ward/9) (alderperson): Said officers should not prematurely broadcast a suspect's identity and asked whether damages were sought from the fleeing driver. ([54:00](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=3240)); Asked about the Ogden Park funding stack and the share of the Park District's annual capital budget it represents. ([1:55:21](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=6921)); Asked why the Park District was not contributing funds to the Humboldt Park project. ([2:14:29](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=8069))
- [Brian Hopkins](https://www.chicagopolitics.org/ward/2) (alderperson): Asked whether dash camera footage existed for the collision and whether the vehicle was equipped with a functioning camera. ([1:01:41](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=3701))
- [Nicholas Sposato](https://www.chicagopolitics.org/ward/38) (alderperson): Asked about the criminal histories and case status of the co-defendants in the Masonette case. ([1:10:17](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=4217)); Said the charitable program is well known among employees and asked for contribution totals for 2023 and 2024. ([1:24:13](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=5053)); Asked to confirm that the Cub Fund refers to the Chicago Cubs. ([1:43:27](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=6207))
- [Jason C. Ervin](https://www.chicagopolitics.org/ward/28) (alderperson): Asked how many more Guevara-related cases are pending and whether the city would resolve them as a group. ([1:11:44](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=4304))
- [William Conway](https://www.chicagopolitics.org/ward/34) (alderperson): Asked to clarify that charitable deductions are taken from employee paychecks after taxes. ([1:17:31](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=4651))
- [Raymond A. Lopez](https://www.chicagopolitics.org/ward/15) (alderperson): Asked for annual totals raised by each participating charity and whether participating charities are periodically reviewed. ([1:18:28](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=4708)); Requested the enabling ordinance to consider review periods and said he would prefer the program focus on local charities. ([1:21:25](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=4885)); Supported the Ogden Park project while criticizing what he called an untransparent process for selecting park investments and the TIF surplus sweep. ([2:02:25](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7345))
- [Scott Waguespack](https://www.chicagopolitics.org/ward/32) (alderperson): Asked why EarthShare Illinois dissolved and where the national organization is based. ([1:24:56](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=5096))
- [Gregory I. Mitchell](https://www.chicagopolitics.org/ward/7) (alderperson): Asked whether the organization's mission was verified and how much city employees donate in total compared with the prior year. ([1:25:57](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=5157))
- [Matthew J. Martin](https://www.chicagopolitics.org/ward/47) (alderperson): Described how a youth council meeting led to the Chase Park improvements addressing bathrooms and air conditioning and asked for favorable consideration. ([1:45:38](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=6338))
- [Brendan Reilly](https://www.chicagopolitics.org/ward/42) (alderperson): Asked what made the Ogden Park project a priority this year, who decides Park District capital priorities, and requested the Park District's prioritization studies. ([1:56:58](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7018)); Remarked on the timing of the project given an upcoming major vote. ([1:59:38](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7178))
- [Matthew J. O'Shea](https://www.chicagopolitics.org/ward/19) (alderperson): Said park projects he submitted more than a year ago were not funded and questioned why the 19th Ward was not included among the approved projects. ([1:59:53](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7193))
- [Stephanie D. Coleman](https://www.chicagopolitics.org/ward/16) (alderperson): Asked for a favorable vote on Ogden Park, describing the existing field house's lack of windows and exits on upper floors as a safety concern. ([2:01:20](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7280))
- [Jessica L. Fuentes](https://www.chicagopolitics.org/ward/26) (alderperson): Supported the Humboldt Park improvements, citing water damage in the field house, the need for a football field, and enclosing the museum courtyard. ([2:11:41](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7901)); Thanked the Park District for helping house residents from a tent encampment in the park. ([2:13:42](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=8022)); Supported the Division/Homan TIF extension to continue building affordable housing and supporting schools and parks in a gentrifying area. ([2:19:41](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=8381))

### Exchanges between members

- [1:45:31](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=6331) The chair asked Alderperson Matthew J. Martin if he wished to speak on the Chase Park item.
- [2:02:25](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7345) Alderperson Raymond A. Lopez joined his colleague from the 16th Ward in asking for support for Ogden Park.
- [2:04:03](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7443) The chair responded to Alderperson Raymond A. Lopez that aldermen can work with OBM and the Park District to reserve TIF funds for their wards.
- [2:06:03](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7563) Alderperson David H. Moore thanked Alderperson Matthew J. O'Shea, saying a 19th Ward project motivated his Ogden Park effort.
- [2:08:26](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=7706) The chair congratulated Alderperson David H. Moore on the Ogden Park project.
- [2:19:36](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=8376) The chair asked Alderperson Jessica L. Fuentes if she wished to speak on the TIF amendment.
- [2:32:08](https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954?t=9128) The chair asked Alderperson Anthony J. Quezada if he wished to comment on the held resolution.

## Documents

- [Notice](https://www.chicagopolitics.org/files/clerk/meetingattachmentspublic/d309e5dd-fa3e-4e08-8df2-8ea7de12071f.pdf)

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Source: https://www.chicagopolitics.org/meeting/29A90812-46B3-F011-BBD2-001DD80D5954 · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt