Ordinance O2024-0012501 - Chicago Councilmatic

Support of Class 6(b) tax incentive for property at 4204, 4208, 4210 and 4218-4232 W Lake St

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Lake Keeler, LLC's planned industrial facility in Chicago's West Lake Street, within multiple enterprise and redevelopment zones, is expected to create employment opportunities and generate real estate taxes. The company has applied for a Class 6b tax incentive, deemed necessary for the development. The City and Lake Keeler, LLC, are authorized to negotiate a Redevelopment Agreement.

	Sponsor	Ward
	Johnson, BrandonPrimary Sponsor

History

Date

Legislative body

Action

Date 2024-10-07

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: 48 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. Moore, David H. Mosley, Ronnie L. Napolitano, Anthony V. Nugent, Samantha O'Shea, Matthew J. Quinn, Marty Ramirez, Julia M. Reilly, Brendan Robinson, Lamont J. Rodriguez Sanchez, Rossana 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 Absent: 1 Not voting: 1 Absent: Mitts, Emma Not voting: Ramirez-Rosa, Carlos

Date 2024-10-07

Legislative body Committee on Economic, Capital and Technology Development

Action Recommended to Pass

Date 2024-09-18

Legislative body Chicago City Council

Action Referred

Date 2024-09-18

Legislative body Chicago City Council

Action Introduced

Locations mentioned

4218-4232 W Lake St Chicago

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Ordinance O2024-0012501 Passed

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