CHICAGO (COOK COUNTY)lobbying

Lobbying Disclosure: TIF Assistance for Congress Theatre

Original title: ROLANDO R ACOSTA for NEW CONGRESS, LLC @ CITY COUNCIL / ALDERMEN (2018-10-01)

October 1, 2018

lobbying economic development TIF real estate

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The Frame

What this does

This filing identifies the formal effort to secure public TIF funding for the renovation of the Congress Theatre, which impacts city budget allocations and local development priorities.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

New Congress, LLC

The entity is seeking public financial assistance for the Congress Theatre project.

Chicago City Council

The Council is the legislative body responsible for reviewing and approving or denying the request for TIF assistance.

What changed

Last recorded activity October 1, 2018.

What's next

Next step not available in the current record.

Summary

Lobbyist Rolando R. Acosta is representing New Congress, LLC to seek Tax Increment Financing (TIF) assistance from the Chicago City Council for the Congress Theatre project.

Key Facts

Lobbyist Rolando R. Acosta is officially registered to lobby on behalf of New Congress, LLC.
The specific legislative action sought is Tax Increment Financing (TIF) assistance for the Congress Theatre.
The lobbying activity covers the period from October 1, 2018, to December 31, 2018.
The target of the lobbying effort is the Chicago City Council and its Aldermen.

Why It Matters

This filing identifies the formal effort to secure public TIF funding for the renovation of the Congress Theatre, which impacts city budget allocations and local development priorities.

Frequently Asked Questions

What is TIF assistance?

is a public financing method used to subsidize redevelopment, infrastructure, and other community-improvement projects by capturing future property tax increases within a designated district.

Who is the lobbyist for this project?

Rolando R. Acosta is the registered lobbyist for New Congress, LLC regarding this matter.