Lobbying Disclosure: TIF Assistance for Congress Theatre

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

Record date · October 1, 2018

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What This Bill Does

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.

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.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

New Congress, LLC

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

Directly affected

Chicago City Council

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

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.

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.

What else do you want to know?