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Record #: R2016-182   
Type: Resolution Status: Failed to Pass
Intro date: 3/16/2016 Current Controlling Legislative Body: Committee on Finance
Final action:
Title: Call for hearing(s) on report tracking of all redevelopment agreements between City and corporations and job retention as result of their success
Sponsors: Burke, Edward M.
Topic: COMMITTEE/PUBLIC HEARINGS - Committee on Finance
Attachments: 1. R2016-182.pdf
Related files: R2019-362
RESOLUTION


WHEREAS, the City of Chicago is a home rule unit of government pursuant to the 1970 Illinois Constitution, Article VII, Section 6 (a); and

WHEREAS, pursuant to its home rule power, the City of Chicago may exercise any power and perform any function relating to its government and affairs including promoting the quality of life and the welfare of its citizens; and

WHEREAS, the City Council of the City of Chicago approves Redevelopment Agreements with companies to assist in the expansion of factories, the retention of jobs, and to relocate businesses to the City of Chicago; and

WHEREAS, the City of Chicago Department of Planning and Development administers all Redevelopment Agreements between the City of Chicago and corporate entities; and

WHEREAS, in June of 1994, the City Council approved a Redevelopment Agreement for the Nabisco Biscuit Company to assist Nabisco in the installation of three new baking lines in the Bakery; to.acquire the "Rheem" Property to be used as a new shipping and receiving warehouse; to replace or modernize the Bakery's ovens; to install or upgrade utility systems in the factory; and to improve employee training and training facilities; and

WHEREAS, like many other Redevelopment Agreements, Nabisco was required to retain the annual equivalent of 1,800 employees at the property with the caveat that adjustments may be necessary to maintain the Plant's competitiveness in the Bakery business; and

WHEREAS, in Spring of 2015, it was reported that Mondelez International, the parent company of the Nabisco food line, was eliminating 600 jobs from their facility located at 76th and Kedzie Avenue on the southwest side of Chicago and sending the jobs to a facility, in which an investment of $130 million was being made, in Salinas, Mexico; and

WHEREAS, these proposed reductions in workforce would affect countless families, many which have had multiple generations of their families employed at the Bakery; and

WHEREAS, in order to comply...

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