Ordinance O2024-0011005 Passed

Non-Routine Ward Matters Economic Development Tax Incentives


Support of Class C tax incentive for property at 801 W Belmont Ave, 809 W Belmont Ave, 811 W Belmont Ave, 813 W Belmont Ave, 817 W Belmont Ave, 819 W Belmont Ave, 829 W Belmont, 3170 N Clark St, 3169 N Clark St, 3158 N Halsted St, 3179 N Halsted St

Auto-generated summary

Chicago's ordinance supports tax incentives for HSG Belmont Clark, LLC, which remediated a 36,637 square foot site at 3179 North Clark Street, formerly a Fifth Third Bank, at a cost exceeding $100,000. The city, aiming to encourage commercial development, supports the pursuit of a Class C classification with the Office of the Cook County Assessor. An Economic Disclosure Statement has been filed, and the City Clerk is authorized to send a certified copy of the ordinance to the Assessor, superseding any conflicting provisions in the Municipal Code of Chicago.

Sponsors

Sponsor Ward
Johnson, Brandon
Johnson, BrandonPrimary Sponsor

History

Date Legislative body Action
Date 2024-10-30 Legislative body Chicago City Council Action Passed

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

Votes for Votes against Other votes
Votes for Yes: 47

Beale, Anthony
Cardona, Jr., Felix
Chico, Peter
Clay, Angela
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, Michael D.
Scott, Monique L.
Sigcho-Lopez, Byron
Silverstein, Debra L.
Sposato, Nicholas
Tabares, Silvana
Taliaferro, Chris
Taylor, Jeanette B.
Vasquez, Jr., Andre
Villegas, Gilbert
Waguespack, Scott
Yancy, Desmon C.

Votes against

Other votes Not voting: 3

Not voting: Burnett, Jr., Walter
Not voting: Coleman, Stephanie D.
Not voting: Rodriguez Sanchez, Rossana

Date 2024-10-29 Legislative body Committee on Economic, Capital and Technology Development Action Recommended to Pass
Date 2024-07-17 Legislative body Chicago City Council Action Referred
Date 2024-07-17 Legislative body Chicago City Council Action Introduced

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