Ordinance O2023-0003030
Passed
Issuance of tax-exempt multi-family housing revenue bonds for Care Manor affordable rental housing project at 4531-4555 W Washington Blvd
Auto-generated summary
The City Clerk's office in Chicago is tracking a City Council document regarding a proposed ordinance for a $13.5 million tax-exempt multi-family housing revenue bond for the Care Manor affordable housing project. Mayor Brandon Johnson sponsored the ordinance, which outlines the project's details, financing plans, and compliance with Treasury Regulations. The ordinance takes precedence over conflicting provisions in the Municipal Code of Chicago and requires disclosure of ownership interests and any income or compensation provided to city elected officials. Parties involved in contracts with the City must comply with ethics and Inspector General regulations, and avoid criminal offenses. The ordinance is effective upon passage and approval.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |