Ordinance O2024-0009605 - Chicago Councilmatic

First amendment to United Yards Project ordinance authorizing issuance of multi-family housing revenue bonds and other financial assistance to New City Redevelopment Limited Partnership for acquisition and rehabilitation of affordable housing at 1515 and 1635-1643 W 47th St correcting legal description of project sites

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The Chicago City Council's Amending Ordinance of December 13, 2023, authorized New City Redevelopment Limited Partnership's United Yards 1A Project on the 6-Story and 3-Flat Project Sites. The ordinance, correcting site addresses and increasing the bond limit to $25,000,000 for 'Series 2024' bonds, stipulated no impairment by the Municipal Code and included a separability clause. The ordinance was effective immediately upon passage and approval.

	Sponsor	Ward
	Johnson, BrandonPrimary Sponsor

History

Date

Legislative body

Action

Date 2024-06-12

Legislative body Chicago City Council

Action Signed

Date 2024-06-12

Legislative body Chicago City Council

Action Passed

On motion of Alderperson, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.

Votes for	Votes against	Other votes
Votes for Yes: 47 Beale, Anthony Burnett, Jr., Walter Cardona, Jr., Felix Chico, Peter Clay, Angela Coleman, Stephanie D. Conway, William Cruz, Ruth Curtis, Derrick G. Dowell, Pat Ervin, Jason C. Fuentes, Jessica L. Gardiner, James M. Gutierrez, Jeylu B. Hadden, Maria E. Hall, William E. Harris, Michelle A. Hopkins, Brian Knudsen, Timothy R. La Spata, Daniel Lawson, Bennett R. Lee, Nicole T. Lopez, Raymond A. Manaa-Hoppenworth, Leni Martin, Matthew J. Mitchell, Gregory I. Mitts, Emma Moore, David H. Mosley, Ronnie L. Napolitano, Anthony V. Nugent, Samantha O'Shea, Matthew J. Quinn, Marty Ramirez, Julia M. Ramirez-Rosa, Carlos Reilly, Brendan Robinson, Lamont J. Rodriguez Sanchez, Rossana Rodriguez, Michael D. Scott, Monique L. Sigcho-Lopez, Byron Sposato, Nicholas Tabares, Silvana Taliaferro, Chris Vasquez, Jr., Andre Villegas, Gilbert Waguespack, Scott	Votes against	Other votes Absent: 2 Not voting: 1 Absent: Silverstein, Debra L. Absent: Taylor, Jeanette B. Not voting: Yancy, Desmon C.

Date 2024-06-10

Legislative body Committee on Finance

Action Recommended to Pass

Date 2024-05-22

Legislative body Chicago City Council

Action Referred

Date 2024-05-22

Legislative body Chicago City Council

Action Introduced

Locations mentioned

1635-1643 W 47th St Chicago

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Ordinance O2024-0009605 Passed

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