Ordinance O2023-0003032
Passed
Renewal of retroactive license agreement with 548 Capital LLC to secure and maintain City property and City's interest in development properties at 8840 S Commercial Ave, 8844 S Commercial Ave and 8848 S Commercial Ave
Auto-generated summary
On July 19, 2023, Mayor Brandon Johnson seeks Chicago city council's approval for an ordinance renewing 548 Capital, LLC's right of entry to the 8840-54 S. Commercial Avenue properties (8840, 8844, and Courtyard) under the INVEST South/West initiative. The DAIS previously granted access via a Building Maintenance Agreement, due to expire after a 180-day period on August 9, 2023, necessitating extension for the land sale and redevelopment.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |