# Committee on Economic, Capital and Technology Development meeting, December 9, 2024

- When: Mon, Dec 9, 2024, 10:30 AM (Chicago time)
- Where: Room 201A, 2nd Floor, City Hall, 121 North LaSalle Street - Chicago, IL 60602
- Status: Recessed
- Committee: [Committee on Economic, Capital and Technology Development](https://www.chicagopolitics.org/committee/economic-capital-and-technology-development)
- Video: https://vimeo.com/1038070135
- Transcript: [full text](https://www.chicagopolitics.org/files/transcripts/1038070135.txt) (4,169 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 Economic, Capital and Technology Development met, heard two public commenters, and approved its October 2024 monthly report. The committee recommended approval of the appointments of Terrence Johnson and Ron Millsap to the Community Development Commission after members asked them about their interest, TIF and other community development tools, and gaps facing small businesses. The committee also recommended approval of several appointments and reappointments to Special Service Area commissions. The committee then recessed, later reconvening briefly to recess until Tuesday, December 10 at 9:30 a.m.

Topics: Community Development Commission appointments, Special Service Area appointments, Tax increment financing, Small business support, Public comment, Monthly report

### Agenda items discussed

- [25:45](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=1545) Approval of the October 2024 monthly report: passed
- [26:33](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=1593) Appointment of Terrence Johnson to the Community Development Commission: passed
- [31:58](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=1918) Appointment of Ronald Millsap to the Community Development Commission: passed
- [43:23](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=2603) Appointments and reappointments to Special Service Area commissions (SSA 43, 54, 24, 29, 59): passed
- [45:07](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=2707) Recess of the committee until December 10, 2024

### Alderpersons who spoke

- [Gilbert Villegas](https://www.chicagopolitics.org/ward/36) (chair): Opened public comment, noting no written comment was received and one person had signed up. ([21:56](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=1316)); Made an exception to allow Mr. Blakemore a three-minute public comment after the public comment period had closed. ([41:12](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=2472)); Introduced Special Service Area appointments and reappointments and noted that affected council members had confirmed support or non-objection. ([43:23](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=2603))
- [Nicole T. Lee](https://www.chicagopolitics.org/ward/11) (alderperson): Asked Terrence Johnson why he wanted to serve on the Community Development Commission and what he would contribute. ([28:21](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=1701)); Noted the city's $1.25 billion bond deal as a move to diversify away from TIF and asked what other tools could ensure investment in communities. ([29:13](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=1753)); Asked what the biggest challenges are to expanding equitable community development in the city. ([30:33](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=1833))
- [Leni Manaa-Hoppenworth](https://www.chicagopolitics.org/ward/48) (alderperson): Thanked Terrence Johnson and Ron Millsap for stepping into the commission roles and said resources should help small business corridors in all communities thrive. ([39:24](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=2364))

### Exchanges between members

- [31:32](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=1892) Lee concluded her questions and returned the floor to the chair.
- [31:34](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=1894) The chair thanked Lee for her questions.
- [39:59](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=2399) Manaa-Hoppenworth said she appreciated Lee's questions centering equity.
- [40:36](https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB?t=2436) The chair thanked Manaa-Hoppenworth and wished her well.

## Documents

- [Notice](https://www.chicagopolitics.org/files/clerk/meetingattachmentspublic/b18b3f0f-9bd7-4088-ba28-309512280efb.pdf)
- [Notice](https://www.chicagopolitics.org/files/clerk/meetingattachmentspublic/86e495c5-6c23-4522-8bbc-e86d658d5356.pdf)
- [Agenda](https://www.chicagopolitics.org/files/clerk/meetingattachmentspublic/947482f6-5578-4d35-8ec1-1b13c15be0ed.pdf)
- [Other](https://www.chicagopolitics.org/files/clerk/meetingattachmentspublic/ad58d6f0-60d6-4b0d-bc34-29042ed9dadc.pdf)
- [Summary](https://www.chicagopolitics.org/files/clerk/meetingattachmentspublic/028ce1e6-f206-48cd-a630-5923bfd70930.pdf)

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Source: https://www.chicagopolitics.org/meeting/EB602C54-DAA8-EF11-8A6A-001DD804C7AB · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt