Ordinance SO2024-0012446
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Second amendment to redevelopment agreement and second amendment to authorizing ordinance with Our Revival Chicago LLC, Our Revival Chicago Operating Company LLC and Southside Revival NFP for restoration of Ramova Theater at 3518 S Halsted St
Auto-generated summary
Chicago's City Council authorized a second amendment to the 35'"/Halsted Redevelopment Project Area's redevelopment agreement, including the Initial, First Amended, and Second Amended Ordinances. The Ramova Theater Redevelopment Agreement with Our Revival Chicago, LLC, and Southside Revival NFP, recorded by the Cook County Recorder of Deeds, faced challenges requiring Project Budget adjustments and increased City Funds, necessitating amendments to the TIF Redevelopment Agreement Ordinance and action by the Commissioner of DPD.
Alternate identifiers: O2024-0012446
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
| Date | Legislative body | Action |
|---|---|---|
| Date 2024-09-27 | Legislative body Chicago City Council | Action Substituted |
| Date 2024-09-18 | Legislative body Chicago City Council | Action Referred |
| Date 2024-09-18 | Legislative body Chicago City Council | Action Introduced |
Legislation text
Additional Documents
- O2024-0012446 Original Exhibit A.pdf
- O2024-0012446 Original Ordinance.pdf
- O2024-0012446 Transmittal Letter.pdf
- SO2024-0012446 - Developer Note A.pdf
- SO2024-0012446 - Developer Note B.pdf
- SO2024-0012446 EDS.pdf
- SO2024-0012446 Exhibit A - Redevelopment Agreement.pdf