Wednesday, October 13, 2021

Chicago, Illinois32/35 present (3 absent)12 agenda items

Agenda

Other Actions (12)

O2021-4191Issuance of multi-family housing revenue tax-exempt bonds to Covent Apartments LLC, Covent NHPF Manager LLC for acquisition and rehabilitation of rental apartment complex at 2653 N Clark St providing for financing and reimbursement of eligible costs from bond revenuesOrdinanceRecommended to Pass

O2021-4192Issuance of multi-family housing revenue tax-exempt bonds, with supporting funding loan, borrower, and regulatory agreements to Park Boulevard 3B LLC for construction of residential mixed-income buildings on Chicago Housing Authority (CHA) property, at 43 W 36th St, 3603 and 3607 S Federal St, 37th St and Federal St, with lease to be issued to Interfaith Housing Development Corp or affiliateOrdinanceRecommended to Pass

O2021-4193Redevelopment agreement and long term ground lease with CHA by Oakwood Shores 3-1 Owner LLC, Oakwood Shores 3-1 MM LLC to construct affordable housing at 616-630 E Pershing Road with tax increment financing (TIF) assistanceOrdinanceHeld in Committee

O2021-4071Sixtieth amending agreement with SomerCor 504, Inc. to continue as service provider administrator and authorize increase in grant funds to Devon/Western, Touhy/Western and Western Avenue/Rock Island through tax increment financing (TIF) funds, including Small Business Improvement Funds (SBIF) or other available fundsOrdinanceRecommended to Pass

O2021-4194Second amendment to Near North Tax Incremental Financing (TIF) Redevelopment Project and Plan regarding estimated dates of completion and retirement of debtOrdinanceRecommended to Pass

O2021-4592Quick-take acquisition of property for construction of affordable residential building, parking spaces and rehabilitation of Laramie State Bank at 5200, 5206, 5208, 5212, 5216, 5218, 5220 and 5224 W Chicago AveOrdinanceRecommended to Pass

O2021-4180Intergovernmental agreement with Chicago Board of Education to provide tax incremental funding (TIF) for replacement of existing fire alarm system at Henri R. Clissold Elementary School, 2350 W 110th PlaceOrdinanceRecommended to Pass

O2021-4181Intergovernmental agreement with Chicago Board of Education to provide tax incremental funding for roof replacement, masonry repairs and chimney stack reduction at Charles N. Holden Elementary School, 1104 W 31st StOrdinanceRecommended to Pass

O2021-4182Intergovernmental agreement with Chicago Board of Education to provide tax incremental financing funds (TIF) for roof replacement and targeted masonry repairs at Skinner North Classical Elementary School, 640 W Scott StOrdinanceRecommended to Pass

O2021-4184Intergovernmental agreement with Chicago Board of Education to provide tax incremental financing funds (TIF) for structural reduction of chimney stack at Mark T. Skinner West Branch Campus, 225 S Aberdeen StOrdinanceRecommended to Pass

O2021-4186Intergovernmental agreement with Chicago Board of Education to provide tax incremental financing funds (TIF) for replacement of existing fire alarm system at Charles Sumner Elementary Math and Science Community Academy, 4320 W 5th AveOrdinanceRecommended to Pass

O2021-3923Sixty-first amending agreement with SomerCor 504, Inc. to amend Small Business Improvement Fund program rules to allow for temporary eligibility of taverns, bars, hotels and motels in response to economic hardships experienced due to COVID-19 pandemicOrdinanceRecommended to Pass

Attendance

Absent (35)

Waguespack, Scott(Present)

Hairston, Leslie A.(Present)

Hopkins, Brian(Present)

Dowell, Pat(Present)

King, Sophia D.(Present)

Sawyer, Roderick T.(Absent)

Mitchell, Gregory I.(Present)

Harris, Michelle A.(Present)

Beale, Anthony(Present)

Sadlowski Garza, Susan(Present)

Mitts, Emma(Present)

Thompson, Patrick D.(Present)

Sposato, Nicholas(Present)

Cardenas, George A.(Present)

Napolitano, Anthony V.(Present)

Quinn, Marty(Present)

Reilly, Brendan(Absent)

Burke, Edward M.(Present)

Smith, Michele(Present)

Lopez, Raymond A.(Present)

Tunney, Thomas(Present)

Moore, David H.(Present)

Curtis, Derrick G.(Present)

Osterman, Harry(Present)

Silverstein, Debra L.(Present)

O'Shea, Matthew J.(Present)

Brookins, Jr., Howard(Absent)

Tabares, Silvana(Present)

Scott, Jr. Michael(Present)

Burnett, Jr., Walter(Present)

Ervin, Jason C.(Present)

Taliaferro, Chris(Present)

Reboyras, Ariel(Present)

Austin, Carrie M.(Present)

Villegas, Gilbert(Present)