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CTA committee places three ordinances and five contracts on omnibus; board approves omnibus at full meeting
Summary
The finance committee reviewed three ordinances — a six-month rent abatement and extension for Chicago Market at the Gerber Building, consent to assignment of the 1708 Benson Ave ground lease, and a lease to ShipBob Inc. — and five contract awards; the items were placed on the omnibus and recommended for board approval, which passed on roll-call votes.
Members of the Finance, Audit and Budget committee on Aug. 13 reviewed three ordinances and five contract awards and placed them on the omnibus for board consideration. Committee members said the items had been reviewed by staff and presented without substantive changes.
Chicago Market (Chicago Cooperative) — Gerber Building, 4620 North Broadway, Wilson Station: Tom McComb explained a proposed second amendment that would provide Chicago Market a six‑month rent abatement from July 1, 2025, through Dec. 31, 2025, and a corresponding six‑month lease extension so the total…
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