Ordinance O2018-6573 - Chicago Councilmatic

Restructuring of debt to approve settlement payment from original owner NHS Redevelopment Corp., and allow multiple property transfers, restructuring of City loans, affordability restrictions and project rehabilitation agreements with new owner, Villa Capital Partners LLC and Villa Capital Managers LLC

	Sponsor	Ward
	Emanuel, RahmPrimary Sponsor

History

Date

Legislative body

Action

Date 2018-09-28

Legislative body City of Chicago

Action Signed

Date 2018-09-20

Legislative body Chicago City Council

Action Passed

On motion of Alderman Burke, and unsuccessful motion to reconsider the vote by Alderman Thompson, the Ordinance was Passed by yeas and nays as follows

Votes for	Votes against	Other votes
Votes for Yes: 46 Arena, John Austin, Carrie M. Beale, Anthony Brookins, Jr., Howard Burke, Edward M. Burnett, Jr., Walter Cappleman, James Cardenas, George A. Curtis, Derrick G. Ervin, Jason C. Foulkes, Toni Hairston, Leslie A. Harris, Michelle A. Hopkins, Brian King, Sophia D. Laurino, Margaret Lopez, Raymond A. Maldonado, Roberto Mell, Deborah Mitchell, Gregory I. Mitts, Emma Moore, Joseph Moreno, Proco Joe Munoz, Ricardo O'Connor, Patrick O'Shea, Matthew J. Osterman, Harry Pawar, Ameya Quinn, Marty Ramirez-Rosa, Carlos Reboyras, Ariel Reilly, Brendan Sadlowski Garza, Susan Santiago, Milagros Sawyer, Roderick T. Scott, Jr. Michael Smith, Michele Solis, Daniel Sposato, Nicholas Tabares, Silvana Taliaferro, Chris Thompson, Patrick D. Tunney, Thomas Villegas, Gilbert Waguespack, Scott Cochran, Willie B.	Votes against No: 2 Dowell, Pat Moore, David H.	Other votes Absent: 2 Absent: Napolitano, Anthony V. Absent: Silverstein, Debra L.

Date 2018-07-25

Legislative body Chicago City Council

Action Referred

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Ordinance O2018-6573 Passed

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