Committee on Finance
Committee on Finance
Mon 12/14/2020
10:00 a.m.
Chicago, Illinois
Agenda: 9 items
| # | Action | Description | ID | Sponsor(s) |
|---|---|---|---|---|
| # 1 | Action | Description Amendment to ordinance regarding redevelopment and loan agreements, to reflect increased loan amounts and issuance of multi-family housing revenue bonds for Paseo Boricua Arts LLC construction of affordable apartment units at 2709-2715 W Division St | ID O2020-5748 | Sponsor(s) Lightfoot, Lori E. |
| # 2 | Action | Description Bond inducement language regarding tax-exempt housing revenue bond issuance for acquisition and development of properties at 1800-1812 W Roosevelt Rd and 1801 W Grenshaw St by The Chicago Lighthouse Residences 4 LLC | ID O2020-5181 | Sponsor(s) Lightfoot, Lori E. |
| # 3 | Action | Description Redevelopment and subordination agreements with Greater Auburn-Gresham Development Corp and Greater Auburn-Gresham Support Corp, supported by Tax Increment Financing (TIF), and master lease for office space and build-outs at 839-845 W 79th Street | ID O2020-5720 | Sponsor(s) Lightfoot, Lori E. |
| # 4 | Action | Description Intergovernmental agreement with Illinois Housing Development Authority to reallocate portion of City's 2020 unused tax-exempt bond volume cap to facilitate financing of affordable housing or qualifying mortgage loans by IHDA | ID O2020-5729 | Sponsor(s) Lightfoot, Lori E. |
| # 5 | Action | Description Preliminary agreement with City of Joliet regarding anticipated water supply agreement for provision of water from Lake Michigan system | ID O2020-5784 | Sponsor(s) Lightfoot, Lori E. |
| # 6 | Action | Description Fifty-ninth amending agreement with SomerCor 504, Inc. as administrator, authorizing tax increment financing (TIF) funds to TIF/SBIF new project areas of 51st/Archer and Stevenson/Brighton development areas, and various established Small Business Improvement Funds (SBIF) | ID O2020-5728 | Sponsor(s) Lightfoot, Lori E. |
| # 7 | Action | Description Amendment of Municipal Code Title 3 by adding new Chapter 3-10 entitled "Essential Municipal Employees' Death Benefit Act" | ID O2020-2349 | Sponsor(s) Lopez, Raymond A., Napolitano, Anthony V., Cappleman, James |
| # 8 | Action | Description Payment of various small claims | ID Or2020-349 | Sponsor(s) Waguespack, Scott |
| # 9 | Action | Description Various small claims | ID CL2020-645 | Sponsor(s) Waguespack, Scott |
Alder Attendance: 34 Present, 0 Absent
| Name | Ward | Present | Absent | |
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Beale, Anthony | Ward 9 | ||
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Brookins, Jr., Howard | Ward 21 | ||
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Burke, Edward M. | Ward 14 | ||
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Burnett, Jr., Walter | Ward 27 | ||
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Cardenas, George A. | Ward 12 | ||
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Curtis, Derrick G. | Ward 18 | ||
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Dowell, Pat | Ward 3 | ||
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Ervin, Jason C. | Ward 28 | ||
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Hairston, Leslie A. | Ward 5 | ||
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Harris, Michelle A. | Ward 8 | ||
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Hopkins, Brian | Ward 2 | ||
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King, Sophia D. | Ward 4 | ||
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Lopez, Raymond A. | Ward 15 | ||
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Mitchell, Gregory I. | Ward 7 | ||
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Mitts, Emma | Ward 37 | ||
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Moore, David H. | Ward 17 | ||
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Napolitano, Anthony V. | Ward 41 | ||
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O'Shea, Matthew J. | Ward 19 | ||
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Osterman, Harry | Ward 48 | ||
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Quinn, Marty | Ward 13 | ||
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Reboyras, Ariel | Ward 30 | ||
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Reilly, Brendan | Ward 42 | ||
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Sadlowski Garza, Susan | Ward 10 | ||
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Sawyer, Roderick T. | Ward 6 | ||
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Scott, Jr. Michael | Ward 24 | ||
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Silverstein, Debra L. | Ward 50 | ||
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Smith, Michele | Ward 43 | ||
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Sposato, Nicholas | Ward 38 | ||
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Tabares, Silvana | Ward 23 | ||
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Taliaferro, Chris | Ward 29 | ||
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Thompson, Patrick D. | Ward 11 | ||
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Tunney, Thomas | Ward 44 | ||
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Villegas, Gilbert | Ward 36 | ||
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Waguespack, Scott | Ward 32 |