Ordinance O2021-3216 - Chicago Councilmatic

Restructuring agreement, multi-family tax-exempt funding loan notes and loan agreement with Standard LPC Venture LP, Standard LPC Manager LLC, for purchase and rehabilitation of Lake Park Crescent apartments at 1061 E 41st Place; 4001,4007,4029,4035,4045,4051,4067 and 4071 S Lake Park Ave; and 4000, 4006, 4030 and 4036 S Okenwald Ave

Alternate identifiers: SO2021-3216

	Sponsor	Ward
	Lightfoot, Lori E.Primary Sponsor

History

Date

Legislative body

Action

Date 2021-09-14

Legislative body Chicago City Council

Action Passed as Substitute

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

Votes for	Votes against	Other votes
Votes for Yes: 48 Austin, Carrie M. Beale, Anthony Brookins, Jr., Howard Burke, Edward M. Burnett, Jr., Walter Cappleman, James Cardenas, George A. Cardona, Jr., Felix Coleman, Stephanie D. Curtis, Derrick G. Dowell, Pat Ervin, Jason C. Gardiner, James M. Hadden, Maria E. Hairston, Leslie A. Harris, Michelle A. King, Sophia D. La Spata, Daniel Lopez, Raymond A. Maldonado, Roberto Martin, Matthew J. Mitchell, Gregory I. Mitts, Emma Moore, David H. Napolitano, Anthony V. Nugent, Samantha O'Shea, Matthew J. Osterman, Harry Quinn, Marty Ramirez-Rosa, Carlos Reboyras, Ariel Reilly, Brendan Rodriguez Sanchez, Rossana Rodriguez, Michael D. Sadlowski Garza, Susan Sawyer, Roderick T. Scott, Jr. Michael Sigcho-Lopez, Byron Silverstein, Debra L. Smith, Michele Sposato, Nicholas Tabares, Silvana Taliaferro, Chris Thompson, Patrick D. Tunney, Thomas Vasquez, Jr., Andre Villegas, Gilbert Waguespack, Scott	Votes against	Other votes Absent: 2 Absent: Hopkins, Brian Absent: Taylor, Jeanette B.

Date 2021-09-13

Legislative body Committee on Finance

Action Substituted in Committee

Date 2021-07-21

Legislative body Chicago City Council

Action Referred

Legislation text

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Ordinance O2021-3216 Passed

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