CHICAGO (COOK COUNTY)lobbying

Lobbying Disclosure: Blommer Chocolate Company (2014)

Original title: DEBORAH A FAKTOR for BLOMMER CHOCOLATE COMPANY @ HOUSING AND ECONOMIC DEVELOPMENT (2014-10-01)

October 1, 2014

lobbying economic development tax increment financing business regulation

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The Frame

What this does

This disclosure identifies that the Blommer Chocolate Company sought changes to a government-subsidized redevelopment agreement, which involves the use of public tax funds for private development projects.

Who is mentioned in the record

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

Blommer Chocolate Company

The company is seeking a formal change to their existing redevelopment agreement with the city.

Chicago taxpayers

Taxpayers are affected because TIF agreements utilize public funds that would otherwise go to general taxing bodies.

What changed

Last recorded activity October 1, 2014.

What's next

Next step not available in the current record.

Summary

Deborah A. Faktor registered to lobby the Chicago Department of Housing and Economic Development on behalf of the Blommer Chocolate Company. The lobbying effort focused on seeking an amendment to a Tax Increment Financing (TIF) Redevelopment Agreement.

Key Facts

Lobbyist Deborah A. Faktor represented the Blommer Chocolate Company.
The lobbying activity targeted the Chicago Department of Housing and Economic Development.
The specific goal was to secure an amendment to a Tax Increment Financing (TIF) Redevelopment Agreement (RDA).
The lobbying covered both administrative and legislative actions.
The reporting period for this activity was October 1, 2014, through December 31, 2014.

Why It Matters

Frequently Asked Questions

What is a TIF Redevelopment Agreement?

A TIF Redevelopment Agreement is a contract between a city and a private developer that uses tax increment financing—a public subsidy—to fund specific development projects in designated areas.

What does it mean to lobby for an 'amendment' to an agreement?

It means the company was seeking to change the terms, conditions, or scope of an existing contract they held with the city.