Ordinance SO2024-0013072
Active
Redevelopment agreement with and issuance of financial assistance to Thrive Exchange LLC for acquisition of City-owned vacant land at 7909 S Exchange Ave for development of low-income furnished housing at 7901-7907 and 7911 S Exchange Ave
Alternate identifiers: O2024-0013072
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
| Date | Legislative body | Action |
|---|---|---|
| Date 2024-10-29 | Legislative body Chicago City Council | Action Substituted |
| Date 2024-10-22 | Legislative body Chicago City Council | Action Referred |
| Date 2024-10-22 | Legislative body Committee on Committees and Rules | Action Recommended for Re-Referral |
| Date 2024-10-09 | Legislative body Chicago City Council | Action Referred |
| Date 2024-10-02 | Legislative body Committee on Finance | Action Held in Committee |
Legislation text
Additional Documents
- O2024- 0013072 Original Exhibit F - Legal Description.pdf
- O2024-0013072 Conf.pdf
- O2024-0013072 EDS.pdf
- O2024-0013072 Original Exhibit A - Lending Plan of Loans, TIF & Grants.pdf
- O2024-0013072 Original Exhibit B Wintrust & City Funding Loan Agreement.pdf
- O2024-0013072 Original Exhibit C - Borrower Loan Agreement.pdf
- O2024-0013072 Original Exhibit D - Land Use Restriction Agreement [Replaced].pdf
- O2024-0013072 Original Exhibit E - Revelopment Agreement [Replaced].pdf
- O2024-0013072 Original Exhibit G -Original Request for Proposal Submissions.pdf
- O2024-0013072 Transmittal Letter.pdf
- O2024-0013972 Original Ordinance.pdf
- SO2024-0013072 Exhibit C - [Original Retained] Thrive Exchange LLC Borrower Loan Agreement.pdf
- SO2024-0013072 Exhibit D - [Now Substituted] Land Use Restriction Agreement Thrive and City.pdf
- SO2024-0013072 Exhibit A - [Original Retained] Lending plans of loans, TIFs, Grants.pdf
- SO2024-0013072 Exhibit B - [Original Retained] Funding Agreement - Wintrust Bank and City.pdf
- SO2024-0013072 Exhibit E - [Now Substituted] Redevelopment Agreement Thrive Exchange LLC.pdf
- SO2024-0013072 Exhibit F - [Original Retained] Legal Description.pdf