15 EB ALD 144 Objectors Recusal Motion Neal
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Lincoln Avenue Redevelopment Project Area
2012
Annual Report
i
wiP^Qh
AYej
g. W Peter8n
iAvb
vy Btyn W
W
Fdster
Av
a w r
Ave
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SECTION 5-65 ILCS 5/11-74.4-5 (d)
(7)
(G) and 65 ILCS
5/11-74.6-22
(d)(7) (G)
PAGE1
IfNO projectswereundertaken bythe Municipality Within the Redevelopment ProjectArea, indicate
so in the space provided:
IfProjects
WERE
undertaken bythe
Municipality Within
the RedevelopmentProjectArea enter the
TOTAL number of
projects
and list them indetail below.
SECTION 5 PROVIDES PAGES 1-3 TO ACCOMMODATE UP TO 25 PROJECTS. PAGE 1 MUST BE INCLUDEDWITHTIP
REPORT. PAGES 2-3 SHOULD BE INCLUDED
ILPROJECTS
ARE LISTEDON THESE PAGES
S e e
General
Notes Below.
TOTAL:
11/1/99 t o
Date
E s t i m a t e d
I n v e s t m e n t
f o r
Subsequent Fiscal
Year
Total
Estimated to
Comple te Projec t
Private
Investment Under taken
$
7,521,372
$
$ 20,958,935
Publ ic Investment Under taken
$
4,775,747
$
1,932,102
$
6,875,000
Ratio
of
Private/Public
Investment
1
23/40 3
2/41
Project
1:
BGP Linco ln
Village. L L C .
Proiect is Ongoing
Private
Investment
Undertaken
$
17,958,935
Public Investment Undertaken
$
3,220,732
$ 1,691,956
$
5,200,000
Ratio of
Private/Public Investment
0
3 44/97
Project 2:
Small
Business Improvement Fund (SBIF) **
Project is Ongoing ***
Private
Investment Under taken
$ 3,000,000
Public
Investment
Undertaken
$ 929.561
$
190,146
$ 1,500,000
Ratio
of
Private/Public
Investment
0 2
Project
3:
Chavllle
C o n d o
Proiect Completed
Pr ivate Investment Undertaken
$
7,521,372
$
Public Inves tment Under taken $ 625,454
$
Ratio of
Private/Public
Investment
12 1/39
0
Project
4:
TIFWorks
-
Lincoln Avenue
Project
is
Ongoing ***
Private
Investment Undertaken
Public Investment Undertaken
$
50,000
$
175,000
Ratio of Private/Public Investment 0
0
Project
5:
Private Investment Undertaken (See Instructions)
Public Investment Undertaken
Ratio
of Private/Public Investment
0
0
Project
6:
Private
Investment
Undertaken (See Instructions)
Public Investment
Under taken
Ratio of Private/Public Investment
0
0
F Y 2 0 1 2
TIP Name: Lincoln Avenue
Redevelopment
Proiect Area
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Subsi^ Lincoln Ave. condos> Chica.
1
o f
3
CITY
REPORT.
Subsidy approved for
Lincoln
A v e .
c o n d o s
5 o f 21
units
will
be
^affordable'
June 13,2004
Tribune.
By
Jeanette
Almada, Special to
the
City officials have agreed to subsidize construction of 21
condominiums
to
be
bu il t i n the
Peterson
Woods
neighborhood.
The project, called Chaville Condos, is expected to set
the tone for
further
building along Lincoln Avenue from
Devon to PetersonAvenues, an area
earmarked
for
redevelopment, according to Chicago Department of
Planning
and
Development officialswho spoke before
Chicago
Community
Development Commission on
Tuesday. The commissioners approved a $1.1million
TIP (tax increment financing) subsidy for the project.
Property in my ward, including on Lincoln Avenue, is
becoming more difficult to assemble, and more
expensive, Aid. Patrick O'Connor (40th) said in an
interviewWednesday.
The neighborhood itselfisjust getting
more
expensive
as buyers come from downtown into our area. But also
the high prices that the city has had to pay for motels
there is setting a high mark for the cost of real estate on
Lincoln Avenue, O'Connor said, referring to motels
condemned by the cityand being acquired through
power of
eminent
domain. Alot of motel owners try to
sell for the land at redevelopment value, as opposed to a
per room formula that we used in the past. Now they
are
trying to say that their properties have higher value as a
teardown, O'Connor said.
JJJ Properties Inc., a Chicago-based commercial and
residential development company, is building the
project at 5978 N. Lincoln.
The
developer bought a
former Japanese restaurant in August 2002, according
to Linda Park, project
manager
at
JJJ
Properties.
The
developer razed
th e restaurant and began
building
the
six-story masonry building late last month. One-,
two- and three-bedroom condos will range of
920
to
1,680
square
feet, Park said.
R e l a t e d A r t i c l e s
T a x
I n c r e m e n t
Financing (/1990-09-23
/features
/900320O126_l_tif-
tax-increment-financing-
districts)
September 23,1990
City renews efforts to
acquire motels on
Lincoln
Avenue
(/2004-08-08/business
/o4o8o8o263_i_motel-
owner-two-motels-
condemnation)
August 8,2004
Sprucing up scene on
Cermak
(/2004-07-16
/news/0407i60236_i_tif-
financing-district-
bank-building)
July 16,2004
TIP O K d f o r
Cicero/Peterson
(/2004-10-03/business
/o4ioo30550_i_affordable-
planning-department-ridge)
October
3,2004
TIP funds pushed
at
Horner
project
(/2004-03-14/business
/0403i40447_i_tif-
affordable-public-housing)
March 14,2004
F i n d M o r e S t or ie s
A b o u t
T2/08/2pl4
01:53 AM
Lincoln Avenue
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Subsidy
appr(5vl^l|bilfegdTas/^ig0fitte^-QM?SP:based
Pant9ttp://arti(jl^Mi\yfi
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TRUSTEE'S DEED.
JOINT
TENANCY
his indenture
made this
20 day
of
OCTOBER, 2005,
between
CHICAGO
TITLE LAND TRUST COMPANY, a
corporation
of Illinois, as Trustee
under
the
provisions
ofa deedor deeds in
trust,
duly
recorded and delivered to said company in
pursuance of a
trust
agreement dated the
5 day of
MARCH, 2004,
and
known
as
Trust Number 1112973, party of the first
part, and
PATRICK ^ O'CONNOR AND
BARBAR/^. O'CONNOR
i
ftfv
/2-
d VCc?/irtor
WHOSE ADDRESS IS:
2930 W. CATALPA AVE., CHICAGO,, IL
60625, not
as
tenants in common, but
as joint tenants, parties of the second
part.
WITNESSETH
That
said
party
of
the
first
part
in
consideration
of
the sum
of
TEN
and
no/100
DOLLARS
($10.00)
AND
OTHER
GOOD AND VALUABLE
considerations in
hand
paid, does
hereby CONVEY AND QUITCLAIM unto
said
parties of the
second
part, not
as
tenants in common, but
as
joint
tenants,
the following
described
real
estate, situated
inCOOKCounty, Illinois, to wit:
SEELEGAL DESCRIPTION RIDER ATTACHED HERETO AND
MADE
APART HEREOF
PROPERTY
ADDRESS:
5321 N. LINCOLN AVE.,
UNIT
3D, CHICAGO,
IL
60625
PERMANENT
TAX NUMBER:
13-12-225-007-0000;
13-12-225-008-0000;
13-12-225-009-0000
togetherwith the tenements
and appurtenances
thereunto belonging.
TO HAVE AND TO HOLD
the
same
unto
said
party
of the
second
part
forever, not
in
tenancy
In common,
but in
. joint
tenancy.
This
Deed
is
executed pursuant
to and in
the
exercise
of the power
and
authority granted
to and vested in said
trustee
by the terms of
said
deed or
deeds
in
trust delivered
to
said trustee
in pursuance
of
the trust
agreement
above mentioned. This
deed is
made subject to the lien of every
trust
deed ormortgage (if
any
there
be) of record
In
said county
to
secure the payment
of money,
and remaining unreleased at the date of the
delivery hereof.
IN WITNESS WHEREOF, said
party
of the first part has caused its
corporate
seal
to be
affixed,
and has caused its
name
to
be signed to these
presents
by
its
Assistant
Vice President,
the
day
and year
first above wntten.
fZ42
Doc : 0603242060Fee: $34.00
Eugene Gene Moore RHSP Fee:$10.00
CookCounty
Reoorder
ofDeeds
Date:
02/01/2006
08:34
AM
Pg: 1of6
Reserved
Fo r
Recorder's
Office
CORPORATE
SEAL
CHICAGO TITLE LANDTRUST COMPANY,
as Trustee as Aforesaid
..K
^
ssistant
Vice President
334
CTT
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cN
1
r
T
^w
m
C
i
1
R
D
9
R
T
F
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S t a t e
o f
Illinois
County of Cook
3 3 .
0603242060D
Page:
3 of 6
I. the undersigned, a
Notary
Public In and for the Countyand State aforesaid, do hereby certify that the above named
Assistant Vice President of CHiCAGO TiTLE LAND TRUST COMPANY, personally known to me to be the
same
person whose name is subscribed to the foregoing instrument
as
such Assistant Vice President appeared before me
this day in person and acknowledged that he/she signed and delivered the said instrument as his/her own free and
voluntary act and
as
the free and voluntaryact of the Company; and the said Assistant Vice President then and there
caused the corporate seal of said Company to be affixed to said instrurnent as his/her own free and voluntaryact and
as the free and voluntary ac t of the Company.
Given
under
my
hand
and Notarial
Seal
this
20^
day of
OCTOE
OFFICIAL SEAL
CARLOS RESTREPO
NotaiyPubltc, Stateof lUiaoia
MyCoramiatioo
Erpim
67/31/3008
AFTER RECORDING, PLEASE MAIL TO:
NAME
Attck S
0'CwoM>r
ADDRESS
c3f?^n 1a >
P^TaifCL
/^Vc
CITY,STATE. ZIP CODE
CA/^9
OR
BOX
NO.
SEND
TAX BILLS TO:
NAME _
OTAR\
PUBLIC
This
instrument
was prepared by:
CHICAGO
TITLE
LAND TRU3T
COMPANY
TH
181W.
Madison
3 t 17
Chicago, IL60602
F l o o r
ADDRESS
30/^/3
bi fivt
CITY,STATE. ZIP CODE
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0603242060D Page: 4 of 6
CHICAGO
TITLE INSURANCE COMPANY
ORDERNUMBER:
1 4 0 1
SA3816082 NA
STREETADDRESS: 5321 N. LINCOLN AVENUE #3D
CITY:
CHICAGO COUNTY:
COOK
T A X N U M B E R : 1 3 - 1 2 - 2 2 5 - 0 0 7 - 0 0 0 0
LEGAL DESCRIPTION:
PARCEL 1:
(RESIDENTIAL)
UNIT
3D IN THE LINCOLN AVENUE TERRACE
CONDOMINIUMS
AS
DELINEATED
ON A SURVEY OF THE FOLLOWING DESCRIBED REAL ESTATE:
THE NORTH 50 FEET OF THE SOUTH 200 FEET OF THE WEST 95 FEET EAST OF LINCOLN
AVENUE AND
NORTH
OF BERWYN AVENUE IN
THE
WEST
1/2 OF
THE
EAST 1/2 OF THE
NORTHEAST l / 4 OF SECTION 12, TOWNSHIP 40 NORTH, RANGE 13
EAST
OF THE THIRD
PRINCIPAL
MERIDIAN,
AS
MEASURED ALONG
THE
EAST
LINE
OF THE WEST
1/2
OF
THE
EAST
1/2 OF SAID NORTHEAST l / 4 IN COOK
COUNTY, ILLINOIS;
A L S O
BLOCK 4 (EXCEPT NORTH 350 FEET THEREOF) IN FRED W. BRUMMSL AND COMPANY'S LINCOLN
BRYN MAWR
WESTERN
SUBDIVISION BEING A SUBDIVISION OF
THE
NORTHEAST 1/4 OF
THE
NORTHEAST l / 4 OF THE NORTHEAST 1/4 OF SECTION 12
AND
THAT PART EASTERLY OF
LINCOLN
AVENUE
OF
THE
WEST l / 2 OF
THE EAST
l/2 OF
THE
NORTHEAST 1/4 OP
SAID
SECTION 12 (EXCEPTING
THEREFROM
THAT PART THEREOF LYING SOUTH OF A LINE 200 FEET
NORTH OF THE NORTH LINE OF BERWYN AVENUE) ALL
IN
TOWNSHIP 40 NORTH, RANGE 13
EAST OP THE THIRD PRINCIPAL MERIDIAN, (EXCEPT STREET AND ALLEYS) ACCORDING TO
THE PLAT OF THE
SAID SUBDIVISION FILED
FOR RECORD
IN
THE RECORDERS
OFFICE
OF
COOK
COUNTY, ILLINOIS
ON
APRIL
12, 1923
AS DOCUMENT
7879542,
IN
COOK COUNTY,
I L L I N O I S .
A L S O
THAT
PART OF THE WEST
l / 2
OF THE EAST 1/2 OF THE NORTHEAST 1/4 OF
SECTION 12 ,
TOWNSHIOP 40 NORTH, RANGE 13 EAST OF THIRD PRINCIPAL MERIDIAN COMMENCING ON THE
NORTH
LINE
OF BERWYN
AVENUE
AT
ITS
INTERSECTION WITH THE EASTERLY
LINE LINE
OF
LINCOLN AVENUE., THENCE EAST ON THE NORTH LINE OF SAID BERWYN AVENUE 213 FEET,
THENCE
NORTH ALONG
THE WEST BOUNDARY LINE OF THE JACKSON LAND 200 FEET; THENCE
WEST ON A LINE PARALLEL WITH
SAID
NORTH LINE OF BERWYN AVENUE
100 FEET;
THENCE
SOUTH PARALLEL WITH THE EAST LINE OF THE TRACT HEREIN DESCRIBED
50
FEET; THENCE
WEST PARALLEL WITH THE NORTH
LINE
OF
BERWYN AVENUE TO THE EASTERLY
LINE
OF
LINCOLN
AVENUE; THENCE SOUTHERLY ON THE
EASTERLY
LINE OF SAID LINCOLN AVENUE TO
THE POINT
OF
BEGINNING, IN COOK COUNTY,
ILLINOIS.
WHICH SURVEY I S ATTACHED AS
EXHIBIT A
TO THE DECLARATION OF CONDOMINIUM
RECORDED AS DOCUMENT NUMBER 0535512117, TOGETHER WITH IT S PERCENTAGE INTEREST
IN
THE
COMMON
ELEMENTS
I N
COOK COUNTY, I L L I N O I S
(CONTINUED)
LAN
01/12/06
, t >w
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0603242060D Page: 5 of6
CHICAGO TITLE INSURANCE COMPANY
ORDER
NUMBER:
1401 SA3
816082
NA
STREET
ADDRESS:
5321 N. LINCOLN
AVENUE
3D
CITY: CHICAGO COUNTY: COOK
TAXNUMBER: 1 3 - 1 2 - 2 2 5 - 0 0 7 - 0 0 0 0
LEGAL
DESCRIPTION:
PARCEL 2
THE
(EXCLUSIVE)
RIGHT
TO
THE
USE OF
P-13 AND S-9, LIMITED COMMON ELEMENTS, AS
DELINEATED
ON
THE SURVEY ATTACHED
TO
THE DECLARATION AFORESAID
RECORDED
AS
DOCUMENT NUMBER
0 5 3 5 5 1 2 1 1 7 .
LEOALO
' 2
i
. ^ J \ ' I liAiHrniii '1 I if
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06032420e0D
Page: 6 of 6
SUBJECT
ONLY
TO;
(I) GENERAL REAL ESTATE TAXES NOT YET DUE AND
PAYABLE
AT THE TIME OF CLOSING; (II) SPECIAL TAXES OR
ASSESSMENTS FOR
IMPROVEMENTS NOT YET COMPLETED AND OTHER
ASSESSMENTS OR
INSTALLMENTS
THEREOF NOT
DUE AND PAYABLE;
(III)
APPLICABLE ZONING
AND BUILDING
LAWS
AND
BUILDING LINES
AND
BUILDING
RESTRICTIONS AND ORDINANCES; (IV) COVENANTS.
EASEMENTS, RESTRICTIONS, CONDITIONS AND RESERVATIONS OF
RECORD, CONTAINED INTHE DECLARATION, AND
THOSE
NOT, AND NOT
OF RECORD, AND A RESERVATION BY SELLER TO ITSELF AND ITS
SUCCESSORS
AND ASSIGNS,
FOR
THE BENEFIT OF ALL UNIT OWNERS,
OF
THE
RIGHTS AND EASEMENTS SET FORTH IN
THE
DECLARATION; (V)
EASEMENTS, RESTRICTIONS, CONDITIONS, ENCROACHMENTS,
CONTRACTS, LICENSES, CONTRACTS, LEASES AND TENANCIES
EFFECTING THE UNIT, THE COMMON
AND
LIMITED COMMON ELEMENTS,
BUILDING SET-BACK LINES AND RESERVATIONS OF RECORD; (VI)
PROVISIONS
OF
THE ACT;
(VII)
THE DECLARATION, THE BY-LAWS AND
ALL
OTHER
CONDOMINIUM
DOCUMENTS
AND
ALL
AMENDMENTS
AND
EXHIBITS THERETO; (VIII) ENCROACHMENTS AND OTHER MATTERS
AFFECTING TITLE TO THE PROPERTY, THECOMMQN
ELEMENTS
OR THE
UNIT; (IX) ACTS DONE OR SUFFERED BY
BUYER
OR
ANYONE CLAIMING
BY,
THROUGH OR UNDER
BUYER;
(X) STREETS AND
HIGHWAYS,
IF ANY;
(XI)
PRIVATE, PUBLIC AND UTILITY
EASEMENTS, WHETHER RECORDED
OR UNRECORDED;
AND
(XII) LIENS AND SUCH OTHER MATTERS AS TO
WHICH
THE
TITLE
INSURER
COMMITS
TO
INSURE BUYER AGAINST
LOSS
OR DAMAGE; (XIII) THE TERMS OF THECONTRACT AND CERTIFICATE OF
LIMITED WARRANTIES, PURCHASER MORTGAGES, AND ACTS CAUSED
BY AND
THROUGH
THE BUYERS.
GRANTOR ALSO HEREBY GRANTS
TO
THE GRANTEE, ITS
SUCCESSORS
AND ASSIGNS
AS
RIGHTS
AND
EASEMENTS APPURTENANT TO THE
ABOVE DESCRIBED REAL
ESTATE.
THE RIGHTS AND EASEMENTS FOR
THE
BENEFIT
OF
SAID
PROPERTY
SET FORTH IN
THE
DECLARATION
OFCONDOMINIUMS AFORESAID AND GRANTOR
RESERVES
TO ITSELF,
ITS SUCCESSORS
AND
ASSIGNS THE RIGHTS
AND
EASEMENTS
SET
FORTH IN SAID DECLARATION
FOR
THE BENEFIT OF THE REMAINING
PROPERTY
DESCRIBED
THEREIN
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Home
News
Third-genera tion 'power player ' Langdon
K t I I AI X T P I P
Neal and
the Dirty
TIF
Michael Voipe
1 C o m m e n t
L i k e
August
1 6, 2 014 N ew s. R eb el P un di t
IMJCl
S h a r e
Share
When it comes to padding your real estate investment profits in Chicago,
sometimes all it
takes
is having
the
right connections. And that's exactly what
it looks likethe mysterious (and now defunct)
JJJ
Properties had when it
se
cured $625,454 in Tax Increment Financing (public aid) from the City of Chica
go to
assist
in site prep-related expenses that
enabled
their project, the
Chaville Condominiums at
5978
North Lincoln Avenue,
to
move forward.
But what
are
the right connections? And more importantly,why
are
taxpayer
dollars being allocated to line real-estate developers' pockets withguaranteed
profits in exchange for selling property at below fair market value?
TIFs
are
public financing methods that are
used
to subsidize private invest
ment for redevelopment, infrastructure, and other community-improvement
projects,
and
they have
come under
scrutiny in Chicago after
numerous
TIFs
were found to be fullof conflicts of interest, wasted money, and other corrup
t ion.
In the
case
of the Chaville Condominiums, a shell company, a powerful
lawyer, and a notorious builder now in prison
are
all connected to the Tax In
crement Financing (TIF) deal that got th e project off the ground.
Prominent lobbvist
Lanodon
Neal a nd t he unknown (defuncts J J J Properties
The story starts withLangdon Neal of the law firmNeal &Leroy, a powerful
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8/10/2019 15 EB ALD 144 Objectors Recusal Motion Neal
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figure in Chicago's politicalworld (who has visited the White House on more
than one occasion during the Obama presidency). Neal is the chairman ofthe
Chicago Board of Elections, where his duties include deciding who makes it
on the ballot. Healso lists on his resume, his connectionto the radicalJoyce
Foundation. Ina 2013
profile
in the Chicago Reader,
Mick
Dumkewrote of
Neal:
It's not literally true that Langdon Neal and his
law firm
are
involved in every major political
deal in Chicago.
But
sometimes it
seems
that
way....(H)e
and
his
partners
at Neal&Leroy
aren't
bad
at the
political part either: they've
made millions of dollars working for govern
mental
bodies, then turning around and lobby
ing
some
of the
same
bodies for other high-
paying
clients.
Another Chicago Tribune article describes Neal:
...a third-generation City Hall powerplayer who
is a paid political appointee as chairman of the
Chicago Boardof Election Commissioners...
Neal,
whose law
firm
Neal
&
LeRoy specializes
in
eminent
domain
and
zoningproceedings,
has received nearly$7million in city contracts
since 2010,
according
to records. He also lob
bies
the city on
behalf of business
and develop
ment
interests
and
has
worked
on previous
em
inent
domain
and land
acquisition efforts for
\/lcPler.
Neal's firm in
2002
registered to become
the
lobbyist for
developer JJJ
Prop
erties, which bid on a TIP for up to $1.1 millionfor the Lincoln Avenue property
just
after incorporating. In September 2003, JJJ won the
contract
to build for
$5.2 million. Inorder to qualify for the TIP,JJ J Properties agreed to sell five
of
the
21 condominiums a t be low marke t va lue, from $136,000 to
$156,000, according to the Chicago Tr/bune article.
Whv w a s
s o m e o n e
a s
powerful a n d
influential
a s L a n a d o n
Neal r e p r e s e n t i n g
J J J P r o p e r t i e s ?
Langdon Neal's
firm
must have seen the same promise that the
40th Ward Al
derman
Patrick O'Connor did
when,
in June
2004, the
development first
won
approval from the City Council and O'Connor
suggested
it
was the
start of a
long working relationship:
We would like to see this developer [JJJ Prop
erties]
build
on
the
remainder
of this block,
from
[Peterson
Park] southeast to the
corner
where
the Christian
Science
Building would
re
main standing....In that second construction
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8/10/2019 15 EB ALD 144 Objectors Recusal Motion Neal
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phase, we would like to see lower level, lower
density
type
of homes
built
so that
we would
have a mixed block there.
There is no recordof JJJ Properties ever doinganything besides their role in
this Lincoln Avenue
building,
and the company listeda post officeboxas its
business address on a disclosureand affidavit statement to the city ofChica
go.
JJ J Properties has twoproprietors, accordingto
public
record:
Yong
Wha Kim
and Jane Kim, both well knowninChicago's Koreancommunityfor running
the newspaper Korea TimeChicago. Neither appear to have any building ex
perience.
Langdon Neal's interest in representing-and O'Connor zeal for-the newly
formed company remains murky.
The
Drooertv 's ma in
subcontractor
g o e s to
federa l or ison
The main subcontractor on the Lincoln Avenue building in Patrick O'Connor's
40^'^ Ward, according to public
records,
wasKiferbaum Construction, which re
ceived work according to the initial terms for $5.1 million.
Jacob
Kiferbaum
was for years a notorious insider, who was indicted
on the
same
28-count
in
dictment as Stuart Levine and Nicholas Hurtgen. Levine is an even more noto
rious insiderwhose cooperation helped lead to the indictment
and
conviction
of former IllinoisGovernor Rod Blagojevich.
According to
the 2005
indictment, all
three
(Kiferbaum, Levine and Hurtgen)
were allegedly engaging in insider dealing, influence-peddling, kickbacks,
and corruption
and they also
participated in a fraud scheme to obtain multi-
milliondollar contracts for their
businesses
through construction kickbacks
a n d other f raudulent deals .
The LincolnAvenue building
was
completed at an
end cost
of $8,621,372
shortly
after
Kiferbaum's indictment
back
on
June
6,
2005, when
Kiferbaum
agreed to cooperate with federal authorities and accepted a guilty plea of at
tempted
extortion.
Kiferbaum
was
sent to federal prison to begin serving his 27-month sentence
inOctober 2013 after a long legal process, beginning withhis indictment on
May 9,
2005
and
ending
with his
scheduled
release date of March 29,
2015 .
Kiferbaum Construction is now extinct.
D a l e y s e e s t h a t J J J g e t s paid.
R a hm g iv es
it t he s ta m p of a o o r o v a l
Though the
TIP
had
been approved and
the project completed,
the Daley
ad
ministration
waited
until February
10,
2010-almost five years later,
when
Kiferbaum's
name was
no
longer
in
the news-to cut
a
check
for
$625,454 for the project, according to public records.
JJJ Properties
was
subsequently dissolved on January 14,
2011.
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An audit
done
by the administration of current Chicago Mayor Rahm Emanuel
was
completed
and
signed offon
June 23,2011.
Peter Strazzabosco, the
DeputyCommissioner for Communications forthe cityof Chicago's Depart
ment of Planning and Development said the TiF was used to help finish the
project. The assistance was provided for a specific purpose: Site prep-related
expenses
tha t enabled the
project to
move
forward.
There was $1.7 billion inTIF accounts inthe Cityof Chicago as of
January
1,
2014, according to Tom Tresser of the Civic Labs, a watchdog group which
ha s taken a keen interest in the Chicago TIF scheme.
Not c h e c k i n g
v o i c e m a i l ?
Avoicemail to a phone number listed to
JJJ's
Yong Kimon a public document
was left
unretumed
to RebelPundit. The law firm representing JJJ Properties,
according to filingswith the Cityof Chicago,
was
listed as the Chicago
area
law firm Smith, Kruse,
and
Nicolau; a phone call from RebelPunditwas left un
r e t u m e d .
The of fice of Alderman O'Connor
said
h e
w a s
out
o f t own
and
the office didn't
provide a statement to RebeiPundit
as
of publication. An email to former May
or Richard Daley at his current employer, at the Chicago iaw firm Katten,
Muchin, and Rosenman,
was
left
unretumed.
Meal did not respond to a phone
call at his work
phone
number from RebelPundit.
Chicago jjj properties langdon neal Mayor
rahm
emanuel
Richard Daley tax increment
financing
ti f
Good Cop,
Bad
Cop;
Milwaukee Pol ice
and
S e x u a l
A s s a u l t
A B O U T
T H E
A U T H O R
Michael Voipe
R E L A T E D P O S T S
U n e d i t e d Video of
Eyewitness
Claiming
Brown
Went t owa rd P ol ic e
#Ferguson
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19/40
/\f(EAL- f
L0^y
Tl F
m7
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20/40
op Law FirmFirm- Neal& Leroy,LLC -Chicago IL http://www.nealandleroy.coni/fuTn-his
Neal & Leroy, LLC
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Firm History
Our History
Neal &Leroy, LLC.
one
of
the
oldest minority
owned
and operated
law
firms in
the
United States,
was founded
in
1938
by
Earl J.
Neal,
who was later appointed aCircuit Court Judge. Judge
Neal's son.
Earl
L.
Neal,
joined the firm
in 1955.
Together, father and son tried jury cases throughout Illinois, and quickly gained a
reputation
asdistinguished trial
lawyers.
The practice burgeoned, and the firm expanded
to
become
Earl
L. Neal &Associates, LLC.
Earl
L. Neal's
son, Lanodon D.Neal.joined the firmin1981.
George
N.
Leighton
In 1987, after
twenty-three combined
years asa judge on the state and federal benches, George Leighton, still
fondly
referred
to
as
the
judge ,
became
of
counsel
to Neal
&
Leroy,
LLC,
practicing
in
the
areas
of litigation
and
appellate
cases. Leighton retired from Neal &Leroy, LLC in
October
2011
at the
age
of
ninety-nine years old. As acompassionate
champion of human rights, George Leighton has
achieved
numerous awards recognizing
his outstanding service
and
contributions
to the
legal community. His participation in
several
historical cases
has been
instrumental in defeating
racism and other violations of human rights.
Today
In
2005, the firm
became Neal &Leroy,
LLC
in recognition of the
firm's
expanded practice areas
and the contributions
of
its dedicated and committed group of
Managing
Partners, Langdon D. Neal, Michael D. Leroy, Richard F.
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Law Firm Firm - Neal &
Leroy,
LLC - Chicago IL
http://www.nealandleroyxom/firm-his
f
3
Friedman. Anne L. Fredd.Jeanette Sublett. TerranceL. Diamond, and
Lenny
D. Asaro. In2013,the firm celebrated75
yearsofexcellence, and moved to a new location inChicago's Loop the
following
year.
O u r P r ac tic e
The firm'spractice is focused primarily inthe areas of eminent domain/condemnation, zoning, development and land
use,
construction
law,
real
esta te
t ransact ions and
finance, public
an d
proiect
finance, historic
preservation,
litigation,
general corporate,
municipal
law,
bankruptcy,
and laborand employment, althoughthe attorneys
of Neal & Leroy
have
successfully handled a wide variety of more specialized matters for the firm's clients.
Our
Approach
Inall its endeavors, Neal & Leroy is committed to providing the resources
necessary
to meet the needs of its clients, no
matter how large or small.
Mindful
ofthe firm's genesis, and withrespect for its history and the high standards it
has
always attained, Neal & Leroy
pledges
to
exceed
expectations of all clients in providing superior quality legal services.
Also, we pledge to remain sensitive to the
issues
of cost containment, accountability, and the unique business concerns
of
e a c h
of our
clients.
S e e ou r Environmental Policy
S e r v i c e s
Administrat ive
Law
ADPellate
Practice
Bankruptcv
Civil Rights a n d Const i tu t iona l Law
Construct ion Law
Eminent Domain/Condemna tion
Historic Preservation
Labor and Emo lovmen t Law
Litigation
Minoritv
and Women 's Busines s
Program
Development
Municipal Law
Public a n d Proiect
Finance
Real
Esta te Transac t ions and Finance
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Increment Financing (TIP)andCommunity Development
http://www.nealandleroy.com/practice-areas/tax-increment-fmancing
o f 4
Neal & Leroy, LLC
Menu
Home
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o Fi rm Hi s to ry
o
Client F o c u s
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&
Lerov
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th e Community
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& Publicat ions
o N e w s
o EnMPonmental Policv
Contac t
Us
Tax Increment Financing (TIP)
and
Community
Development
Neal
&Leroy,
LLC represents municipalities and
private parties
in all aspects
of
tax increment financing
(TIP).
We have
also represented both municipalities and
private owners
in negotiating and closing
TIP
development agreements. One
of
our
largest TIP
projects
was
the more than $50 million
TIP contribution to
the University
of
Illinois South Campus Project.
We
provide legal advice and representation in other types
of
community development
projects
including
advice
about
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Increment Financing (TIE) and Community Development http://www.nealandleroy.com/practice-areas/tax-increment-financin
financing opportunities and zoning restrictions, and obtaining land
use
permits
as needed.
We
negotiate development
agreements with developers
and
coordinate the efforts of diverse municipal departments
such as
transportation, zoning,
and building. We also serve to organize and facilitate input meetings and agreements between locallyelected officials
and community organizations. Inassembling the various projects for community development, we advise clients on the
assemblage ofproperty and determining the appropriate value for such properties.
We advise clients on drafting TIP legislation, ordinances, and development reports.
Key Representative Matters
University of iliinois -
South Campus
Development
Neal &Leroy representedthe
Board
ofTrusteesofthe
University
of
Illinois
in itsdevelopment ofthe 60-acre
South Campus Development.
This
complex
project involved
the acquisition of
more
than100parcels ofprivately
owned property, the negotiation ofa tax increment financing agreement
including
$50million inTIP assistance,
acquisition
of
abandoned
railway right-of-way, negotiations
with
the Illinois Department ofTransportation
and
the
City
of
Chicago Department
of
Transportation
with
respect
to
street
relocations and the
occupancy
of public
rights-of-way andthe obtaining ofzoning and
building
permits.
City of Chicago - Block 37 Reacquisition
Neal
&Leroy served as legal counsel totheCity ofChicago
in
its
reacquisition
ofa square block
in
the Chicago
Central Business
District in the North
Loop Tax Increment
Pinancing Area. The
developers
hadentered into a
TIP redevelopment agreement with the
City,
but
had
defaulted
in
their
development obligations. We analyzed
the mutual obligations
under
the agreement, advised the City as to its reaequisition
alternatives,
negotiated with
theprivate owner, and
drafted
the
documents
permitting the
City
to
reacquire
the property.
Village
of Oak
Park
Neal &Leroy represented the Village ofOak Park in all aspects of
the
acquisition
and redevelopment
of
the
downtown area. We advised theVillage
with
respect tothevaluation of, authority to
acquire,
andtheacquisition
of
parcels
of
real property plus the reaquisition
of
restrictive
covenants
that had prohibited development of the
site.
Onbehalf ofOak
Park,
wenegotiated theTIP development agreement with proposed private developers
and drafted the necessaryordinancesto implement the plansofdevelopment.
CommerceClearing House, a Wolters
Kluwer
Company (CCH)
Neal
&
Leroy
served
as
legal
counsel
in
a
redevelopment
agreement
between the
City of
Chicago
and
CCH.
This project
consisted of
the rehabilitation
of
one
ofCCHs
facilities, and under the terms
of this
redevelopment
agreement the
City will
provide up to$5million to the developer for this project.
Priedman
Properties, Inc. -Medinah
Temple
(Bloomlngdale Home
Store),
Chicago, IL
Neal &Leroy served as legal counsel in thenegotiation
and
development under a TIP redevelopment
agreement. The structures were City landmarks. National Register listings, and UNESCO World Heritage sites.
TheHarlem Irving Companies - North
Cicero
Redevelopment Project, Chicago, IL
f 4
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Increment Financing (TIP)
and
Community
Development
http://www.nealandleroy.com/practice-areas/tax-increment-financing
Neal
&
Leroy
represented the shopping center
developer
in
its
negotiation of, and development under, a TIP
redevelopment agreement withthe
City
ofChicago.
The
Black
Ensemb l e Theat e r
Neal
&
Leroy
represented The
Black
Ensemble Theater in entering into
a
redevelopment agreement with the
City
of
Chicago
to
provide
up to
$6
million
in
TIP
for
the acquisition
of
property
at
4440-4450
North Clark
Street.
The Women 's T reatmen t Center
Neal
&Leroy
represented The Women's
Treatment Center
in entering
into a
redevelopment
agreement with
the
City's
agreement to
provide reimbursement for up
to
$1 million
in
TIP-eligible
costs
for
rehabilitation
of
its
facility
at 14 0 North Ashland Avenue.
Peterson-Cicero
LLC
Neal
&
Leroy represented
Peterson-Cicero
LLC in entering into
a
redevelopment agreement with
the
City with
the
City's
agreement
to
reimburse the developer
up
to
$10.3
million
towards
TIP-eligible
costs
for
the project
located at 6000 North Cicero Avenue.
ICE Theater-210
W.
87th Street
Neal
&
Leroy
represented
ICETheater
in
entering into
a
redevelopment agreement with
theCity to reimburse
thedeveloper
for
upto$3million in TIP-eligible expenses
for
the
theatre
at 210West 87th Street.
We welcome
you to contact
Neal
&Leroy at (312) 641-7144 or
to
discuss
how
we may
be
of
service ina Tax Increment Pinancingor CommunityDevelopmentmatter.
Attorneys:
Lanadon
D.
Neal.
Michael
D.
Lerov.
Lennv
D.
Asaro.
Richard
F.
Friedman
Attorneys Practicing in this
Area
L a n a d o n D. N e a l
o f
4
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Increment Financing(TIP) and CommunityDevelopment
http://www.nealandleroy.com/practice-areas/tax-increment-financin
o f
4
Michael D. Lerov
Lennv
D.
Asaro
Richard
F.
Friedman
S e r v i c e s
Adminis t rat ive Law
Appellate Practice
Bankruptcy
Civil
Rights
and
Constitutional Law
Construction
Law
Eminent Domain/Condemnation
Historic
Preservation
Labor
and Employment
Law
Litigation
Minority
and Women's Business Program Development
Municipal Law
Public
and Proiect Finance
Real Estate Transactions
and
Finance
Tax Increment Financing (TIF) and CommunityDevelopment
Zoning.
Development
and Land Use
2014 Neal &Leroy, LLC j Disclaimer
I
aw
Firm V\/ebsite Design bv
The
Modern Firm
Copyright 2014
Neal
&Leroy. LLC
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TIF Report
Year
Langdon Neal
related
Partnership
Designation
Disbursement
PDF
page
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2 0 0 3
Neal, Murdock &
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$55,503
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$230,576
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Tl
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Report
Year Langdon Neal
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