Committee on Finance

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Agenda: 11 items

#	Action	Description	ID	Sponsor(s)
# 1	Action	Description Mixed-use redevelopment agreement with and allocation of tax incremental financing (TIF) assistance to developers Westside Health Authority, Austin Coming Together, and QALICB for creation of Aspire Center at 5500 West Madison St with sublease opportunities for workforce and manufacturing training, financial services, and dedicated community and parking areas	ID O2023-1305	Sponsor(s) Lightfoot, Lori E.
# 2	Action	Description Sale of properties to, demolition and redevelopment agreement with and allocation of tax increment financing (TIF) assistance for 548 Passive HP LP, 548 Humboldt Park, Inc. LLC to erect affordable housing at 3831 W Chicago Ave, 3853 W Chicago Ave, 739 N Springfield Ave and 741 N Springfield Ave	ID O2023-1395	Sponsor(s) Lightfoot, Lori E.
# 3	Action	Description Loan restructuring agreement with Parkside Terrace Apartments LLC for acquisition and rehabilitation of apartment buildings at 128-130 N Parkside Ave, 143 N Parkside Ave	ID O2023-1394	Sponsor(s) Lightfoot, Lori E.
# 4	Action	Description Amendment of Municipal Code Chapter 11-12 regarding Utility Billing Relief Program	ID O2023-1045	Sponsor(s) La Spata, Daniel, Cardona, Jr., Felix, Rodriguez Sanchez, Rossana, Villegas, Gilbert, Martin, Matthew J., Vasquez, Jr., Andre, Ramirez-Rosa, Carlos, Maldonado, Roberto, Hadden, Maria E., Rodriguez, Michael D.
# 5	Action	Description Redevelopment agreement with CircEsteem, Inc. incorporating eligible or reimbursable tax increment financing (TIF) costs and Chicago Recovery Plan Community Development Grant for development of former Lakeside Theater at 4730 N Sheridan Rd as operational headquarters	ID O2023-1336	Sponsor(s) Lightfoot, Lori E.
# 6	Action	Description Redevelopment agreement with and allocation of tax incremental financing (TIF) assistance to Lillian Marcie Legacy Company for rehabilitation and development of property at 4341-4343 S Cottage Grove Ave as two community performing arts theaters including accessory space and roof-top deck	ID O2023-1337	Sponsor(s) Lightfoot, Lori E.
# 7	Action	Description Redevelopment agreement with and eligible cost reimbursement utilizing tax increment financing (TIF) assistance to developer Team Pioneros LLC for properties at 4000 W North Ave and 4008 W North Ave for use as office, commercial tenants and community event space	ID O2023-1339	Sponsor(s) Lightfoot, Lori E.
# 8	Action	Description Authorization of development and use of facilities in Durkin Park and adjacent property and execution of associated water supply agreement with City of Joliet	ID O2023-1333	Sponsor(s) Curtis, Derrick G.
# 9	Action	Description Intergovernmental agreement with Chicago Park District and allocation of eligible tax increment financing (TIF) assistance for renovation of outdoor baseball, tennis, soccer fields, additional lighting and pavement of pathways at Winnemac Park, 5100 N Leavitt St	ID O2023-1381	Sponsor(s) Lightfoot, Lori E.
# 10	Action	Description Second amendment to Madison-Austin Corridor Tax Increment Financing (TIF) Redevelopment Project and Plan regarding extension of completion dates and retirement of tax increment financing debt obligations	ID O2023-1382	Sponsor(s) Lightfoot, Lori E.
# 11	Action	Description Redevelopment agreement with and allocation of eligible tax increment financing (TIF) funding assistance to Celadon Construction Corporation NFP, Celadon Partners LLC, Blackwood Development Partners LLC , to-be-named prime tenant, to-be-formed QALICB, collectively developers, to improve former Goldblatt properties at 4700 S Ashland Ave, 4707 S Marshfield Ave and 1635-1643 W 47th St as federally-qualified health center, retail space, and separate new commercial purpose building shell	ID O2023-1383	Sponsor(s) Lightfoot, Lori E.

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