Ordinance O2024-0013695
Passed
Non-Routine
Ward Matters
Economic Development
Tax Incentives
Support of Class 6(b) tax incentive for property at 455 N Ashland Ave for partial development as manufacturing facility for prototype battery cell production and corporate headquarters.
Auto-generated summary
Chicago's City Council, considering the Cook County Tax Incentive Ordinance, supports 455 N Ashland Ave LLC's Class 6b tax incentive application for a property leased to NanoGraf Corporation. Located within economic revitalization zones, the property's redevelopment is supported by the Assessor of Cook County. The City's Economic Disclosure Statement has been filed, and the Commissioner of Planning and Development, with Corporation Counsel's approval, is authorized to negotiate a redevelopment agreement.
Sponsors
History
Locations mentioned
Legislation text
Additional Documents
- O2024-0013695 Digital Tracking Sheet.pdf
- O2024-0013695 Economic Disclosure Statements.Raw_Redacted.pdf
- O2024-0013695 Mayoral Letter (2).pdf
- O2024-0013695 Ordinance Exhibit A Legal.pdf
- O2024-0013695 Ordinance Exhibit B Redevelopment Agreement.pdf
- O2024-0013695 Redevelopment Agree Exh. B MBE WBE Requirement.pdf
- O2024-0013695 Redevelopment Agree Exh. C Insurance Requirement.pdf
- O2024-0013695 Redevelopment Agree Exh. D Annual Compliance Report.pdf
- O2024-0013695 Redevelopment Agree Exh. E Construction Compliance.pdf
- O2024-0013695 Rule 44 Committee letter.pdf