Ordinance O2024-0011005 - Chicago Councilmatic

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

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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.

	Sponsor	Ward
	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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Ordinance O2024-0011005 Passed

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